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 details, maturity payments and any important notification that your insurer would like to send to […]
Life Insurance
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 Jubilee Bonus, marking its 60th anniversary celebrations. This bonus is in addition to Simple […]
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, traditional Money Back policy. This plan is available for purchase from 19th September, 2016 […]
My Blog Reader’s perspective on Aegon Life iTerm Insurance Plan & Why he chose iTerm Plan?
Life is full of if’s and but’s. None of us know what might happen even the next minute. If your child, life partner or your parent(s) depend on your income then you need to have a Life Insurance plan with adequate life cover. Term insurance is the simplest and the most fundamental insurance product. Term insurance […]
Traditional Life Insurance Plan – A terrible Investment option?
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. Unfortunately, many of us mix life insurance and investment. We expect Returns from our investment in Life Insurance. Investing in a Traditional Life Insurance Plan is one of the most common […]
How Smoking impacts your Life Insurance Policy?
Smoking – A Health Hazard Smoking is a serious health hazard and is injurious to health. The effects of smoking are grave. Smoking can affect any organ of the body and is life threatening too. Tobacco smoking is the most common form of smoking across the world. Smoking may impact the lungs, heart, brain, bones, […]
