ReLakhs.com

Personal Finance & Financial Literacy Blog in India

Life Insurance

ICICI Prudential Precious Life (new) Term Insurance Plan | Life Cover to Individuals With Health Conditions

Last updated: November 18, 2019 | by 5 Comments

If death is certain, can insurance be optional? If life is unpredictable, insurance can’t be optional. As an earning member of a family, having adequate life insurance cover is a must. That’s the basic building block of Financial Planning Pyramid.  Term Insurance plans are typically focused on providing life cover to individuals who are healthy. But, […]

LIC New Plans 2019-2020 | Features, Snapshot & Review of all the Plans

Last updated: November 6, 2019 | by 4 Comments

LIC has launched 4 new plans in the calendar year 2019 (till date). 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 2019-20. From January 2018 to till-date (Nov 2019), LIC has launched two Endowment Insurance plans, one offline Term insurance plan and one […]

Life Insurance Endowment Plan Return Calculation | Do-it-yourself guide!

Last updated: August 1, 2019 | by 6 Comments

Insurance is a contract which provides protection against a possible eventuality or risk. So, insurance in its purest form is an expense rather than an investment. Fortunately or unfortunately, many of us mix life insurance and investment. We expect Returns from our investment in Life Insurance. Traditional Life Insurance Plan is one of the most popular saving […]

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