Term insurance is the simplest and most fundamental insurance product. Term insurance plans are designed to ensure that in the event of the policyholder’s death, the family gets the sum assured (the cover amount).Term plan provides risk coverage for a certain period Continue Reading.....
LIC Jeevan Umang – New Whole Life Plan | Features, Illustration & Review
Life Insurance Corporation of India (LIC) has launched a New Whole-Life plan called as 'LIC Jeevan Umang' on 16th May, 2017. This new plan from LIC is a traditional, Non-linked, with-profits, Whole Life Assurance and Limited Premium Payment Option plan.What is Continue Reading.....
LIC Aadhaar Stambh (Life insurance plan for Males) – Features, Benefits and Review
LIC has launched two new life insurance plans called LIC Aadhaar Stambh & Aadhar Shila. These plans are available for purchase from 24th April, 2017 onwards. LIC claims that Aadhaar Stambh life insurance policy has been exclusively designed for Male lives who are Continue Reading.....
LIC Aadhaar Shila (Life insurance plan for Females only) – Features, Benefits and Review
LIC has launched two new life insurance plans namely LIC Aadhaar Shila & Aadhaar Stambh. These plans are available for purchase from 24th April, 2017 onwards. LIC claims that Aadhaar Shila life insurance policy has been exclusively designed for Female lives who are Continue Reading.....
Unclaimed Insurance Policy amount : How to locate, find & claim it?
Unclaimed money is money from lost bank accounts, shares, investments and life insurance policies. Are you aware of the fact that Unclaimed investments to the tune of around Rs 40,000 Crores are lying with financial institutions like Banks, Life insurance companies, Continue Reading.....
IRDA Claim Settlement Ratio 2015-16 | Top 10 Life Insurance Companies based on CSR
Insurance Regulatory Development Authority (IRDA) has released its Annual report for 2015-2016 on 15th December, 2016. 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 Continue Reading.....
LIC New Plans list 2016-17 : Features, Review & Snapshot of all the Plans
LIC has launched 4 new plans in 2016. In this post I have tried to list down the important features, details and my recommendations on all LIC New Plans that are launched in 2016-17.From January 2016 to December 2016, LIC has launched three Endowment plans and one Continue Reading.....
How to update your contact details in your LIC policy?
Keeping your contact details up-to-date in your insurance policy is very important. If your insurance policy has your contact details (mobile number / email-ID) then you can receive alerts (or) information pertaining to your Policy like ; premium due dates, money-back Continue Reading.....
Latest LIC Bonus rates for 2016-17
LIC bonus rates for the year 2016-17 have been recently announced by the Life Insurance Corporation of India. These latest bonus rates are applicable for the valuation period from 1st April, 2015 to 31st March, 2016.This year LIC has declared a one-time Diamond Continue Reading.....
LIC Bima Diamond – New Money Back Plan : Features, Review & Returns Calculation
Life Insurance Corporation of India (LIC) is celebrating this year (2016) as it's Diamond Jubilee year. Marking the 60th anniversary celebrations, LIC is coming up with a new money back plan called as LIC Bima Diamond (Plan no 841). This new plan is a non-linked, Continue Reading.....
