LIC India has launched the new ULIP Plan - New Endowment Plus (Table No.835). This is a first ULIP plan by LIC, since IRDAI issued new ULIP guidelines. Sailent Features of LIC’s New Endowment Plus Plan Minimum Entry Age: 90 Days (completed) Maximum Entry Age: 50 years … [Read more...] about LIC’s New Endowment Plus Plan (Table No.835) : Review
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LIC’s Varishtha Pension Bima Yojana (VPBY) 2014 : Review
Government of India in the Union Budget 2014-2015, announced the revival of Varishtha Pension Bima Yojana. This Scheme is only available during the window from 15th August, 2014 to 14th August, 2015. Key Features of the VPBY Scheme 1- Available to Indian citizens aged aged 60 … [Read more...] about LIC’s Varishtha Pension Bima Yojana (VPBY) 2014 : Review
LIC’s Online Term Insurance – e-Term : Review
Salient Features of LIC's Online e-Term Plan Positive Points of LIC's Online e-Term Plan 1- There is no maximum Sum Insured limit 2- You can pay the subsequent premiums online either through net-banking/credit card/debit card 3- Premium Rates are different for smokers … [Read more...] about LIC’s Online Term Insurance – e-Term : Review
LIC’s Jeevan Sugam Plan : Review
LIC's Jeevan Sugam Plan is a Single Premium non-Participating Endowment Plan (without Bonus facility). This is a close ended plan and available for sale only for 45 days from 25th February 2013. Sailent Features of LIC's Jeevan Sugam Plan Death Sum Assured (in Rs.) 10 X … [Read more...] about LIC’s Jeevan Sugam Plan : Review
Aegon Religare’s New iTerm Plan (revised) : Review
AEGON Religare's New iTerm life insurance plan is a revised online term plan. The new plan is a enhanced version of previous online iTerm plan. This plan has got coverage of terminal Illness and some additional riders - Accidental Death, Waiver of Premium on Critical Illness … [Read more...] about Aegon Religare’s New iTerm Plan (revised) : Review
LIC’s Flexi-Plus ULIP : Review
LIC's Flexi-Plus is a unit linked insurance plan (ULIP), which offers two fund options - Debt and Mixed. However, the equity component in the product will not exceed 25%, which means that its returns will be capped. Salient Features of Flexi-Plus ULIP Minimum Age at … [Read more...] about LIC’s Flexi-Plus ULIP : Review
LIC’s New Jeevan Nidhi Plan : Review
LIC's New Jeevan Nidhi Plan is a conventional with profits pension plan (Deferred Annuity Plan) which also provides death cover during the accumulation phase and offers annuity on survival to the date of vesting. It has two phase - Accumulation Phase and Vesting Phase. In … [Read more...] about LIC’s New Jeevan Nidhi Plan : Review
Bharti AXA Life's Online Term Plan – 'eProtect' : Review
Bharti AXA Life has launched a new version of it's online term insurance plan - 'eProtect'. Sailent Features of eProtect Minimum Age at Entry - 18 years for all terms except To Age 70 and To Age 75 years. 40 years for To Age 70 and To Age 75 years. Minimum Sum Assured - … [Read more...] about Bharti AXA Life's Online Term Plan – 'eProtect' : Review
Apollo Munich's Optima Restore Health Plan : Review
Apollo Munich has a unique health insurance with innovative features called - "Optima Restore". The best feature of this plan is the restore feature of Sum Insured and NCB multiplier work simultaneously. … [Read more...] about Apollo Munich's Optima Restore Health Plan : Review
ICICI Pru Life's Health Saver : Review
ICICI Pru's Health Saver is a Unit-linked health plans (ULHPs), which is a unique combination of health insurance and investment. So apart from giving health protection, this plan also help you to build a corpus that can be used to meet expenses not covered by health policies. … [Read more...] about ICICI Pru Life's Health Saver : Review