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 […]
Life Insurance
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 […]
LIC Bima Shree – New Moneyback Plan | Features, Review & Returns Calculation
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 […]
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 […]