LIC is proposing to launch its new MONEY-BACK plan called LIC Bima Shree (Plan no.848) on 16th March, 2018. Bima Shree is a Non linked, Money back, Limited premium payment with guaranteed additions plan. This plan is almost similar to LIC’s recently launched plan i.e., Jeevan Shiromani. What are Money-back policies? – They provides life coverage during the […]
Life Insurance
LIC Jeevan Shiromani – New Moneyback Plan | Features, Review & Returns Calculation
LIC is proposing to launch its new MONEY-BACK plan called LIC Jeevan Shiromani (Plan no.847) on 19th December, 2017. Jeevan Shiromani is a Non linked, Money back, Limited premium payment with guaranteed additions plan. This plan is specifically designed for HNIs (High Net-worth Individuals). What are Money-back policies? – They provides life coverage during the term of the policy […]
LIC New Plans list 2017-18 : Features, Review & Snapshot of all the Plans
LIC has launched 7 new plans in 2017. 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 2017-18. From January 2017 to December 2017, LIC has launched two Endowment plans, one Single Premium Traditional plan, one Whole-life plan, a Cancer specific Insurance […]
LIC Jeevan Utkarsh – New Single Premium Plan | Features, Review & Returns Calculation
Life Insurance Corporation of India (LIC) has launched a New Single Premium plan called as ‘LIC Jeevan Utkarsh‘. This new plan from LIC is a traditional, Non-linked, with-profits, savings cum protection plan. The risk cover under Jeevan Utkarsh is ten times of tabular single premium amount. This plan will be available for sale from 06/09/2017 up to […]
Latest LIC Bonus Rates 2017 – 2018 | Bonus Rates Chart of old & new LIC plans
LIC bonus rates for the year 2017-18 have been recently announced by the Life Insurance Corporation of India. These latest LIC bonus rates 2017- – 2018 are applicable for the valuation period from 1st April, 2016 to 31st March, 2017. The Investment Returns on traditional life insurance policies like Money-back or Endowment are mostly dependent on […]
HDFC Life Click 2 Protect 3D Plus | New Term insurance Plan | Details & Review
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 of time (policy term/duration). If the insured dies during the time period specified in the policy and the policy […]