LIC (Life insurance Corporation) is set to launch one more traditional policy which is Limited Payment Endowment Plan. The main feature of this new plan is, the payment of premiums is limited to a term shorter than the policy. The maturity amount is payable at the end of the policy term, or on the death […]
Life Insurance
Term Insurance : Is it just a waste of your money?
In most of my financial counseling sessions the hot topic has always been, “Is term insurance the best form of insurance?” Or is it a waste of money? Many investors have a perception that buying a Term insurance plan is a waste of money. They argue that the investor (insured person) will not receive any […]
LIC’s Bonus rates for 2014-2015
LIC’s Bonus rates for 2014-2015, have been declared on 1st Sep,2014. Every year LIC declares bonus rates on all its Products. Most of us may hold atleast one LIC policy. Especially, traditional policies like Money back,Endowment polices, Jeevan Anand etc., It is very important to track the bonus rates for the plans you hold. The […]
HDFC Life’s Click2Protect Plus – Features, Benefits & Review
HDFC Life’s Click2Protect Plus is an Online Term Insurance Product. The main feature of this plan is to provide financial protection for you and your family. It has unique features which are not available in most of the online term insurance plans. Let us understand its features and benefits. Eligibility conditions of Click 2 Protect […]
LIC’s Jeevan Shagun (Plan no 826) – Review & Returns Calculation
LIC’s Jeevan Shagun (Plan no 826) plan will be launched on 1st September,2014. This is a close ended plan. Plan is open for sale for a period of 90 days only. It is a single premium, non-market linked, with-profit,money-back type product. The single premium is calculated based on the Maturity Sum Assured (MSA) chosen by then […]
E-Insurance Account and its benefits
Insurance Repository services with a provision to open e-Insurance Accounts were launched exactly one year back. As of now this service is not a great success. The main reason being low awareness about e-insurance account. Also, the insurance industry did not market this service aggressively. Last week, LIC (Life Insurance Corporation) tied up with 5 […]
