LIC of India is proposing to launch its new life insurance plan called as LIC Nav Jeevan Plan in March, 2019. Nav Jeevan plan is a non linked, with profit, Endowment Life Assurance plan. The main feature of this plan is that the policyholder has the option to choose between two premium payment options i.e., […]
Life Insurance
How much Term Life Insurance Cover do I need? | Online Insurance coverage Calculator
With increasing financial awareness, people have become very eager for Life insurance policies irrespective of Endowment Policy, Money Back Policy or Term insurance plans at an early age. Term insurance plans offer an assured sum to the nominee in the case of uncertain demise of the policyholder. In other words, term insurance policy provides financial […]
LIC MICRO BACHAT Insurance Plan – Features & Review
LIC has launched a new non-linked, participating, endowment insurance plan called – LIC Micro Bachat (Plan no 851) on 18th February, 2019. It is a protection cum savings oriented life insurance plan LIC is aiming at the low income group with Micro Bachat insurance plan, as the maximum Sum Assured offered under this is Rs […]
IRDA Claim Settlement Ratio 2017-18 Data | Top 10 Life Insurance Companies based on CSR
Insurance Regulatory Development Authority (IRDA) has recently released its Annual report for 2017-2018. Based on the annual report, I had listed down Top 10 Best best Life Insurance companies. The criteria for the selection is Individual Death Claim Settlement Ratio 2017-18. What is Death Claim Settlement Ratio w.r.t Life Insurance? Claim settlement is one of the […]
LIC New Plans list 2018-19 : Features, Review & Snapshot of all the Plans
LIC has launched 2 new plans in the calendar year 2018. In this post I have tried to list down the important features, details and my recommendations on all LIC New Plans that were launched in 2018-2019. From January 2018 to December 2018, LIC has launched one Money-back plan and one Single Premium Guaranteed Pension Plan. These new […]
LIC Jeevan Shanti – Review | Should you invest in New Guaranteed Pension Policy?
LIC has recently launched their new single Premium Pension plan called ‘ LIC Jeevan Shanti’ (LIC Plan No. 850). It offers the guaranteed pension to the policyholder, with options like an immediate pension or deferred pension. “What is a Single Premium Plan? – It is the insurance policy where you pay insurance only in the first year […]