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 […]
Insurance
Understanding Maternity Benefits of Health Insurance plans in India
Becoming a parent is one of the most mesmerizing experiences of life. But this happiness come with great responsibilities. If you are planning for a baby in the near future, your first responsibility should be to plan your finances for the big moment, especially the medical expenses during and after pregnancy. Going by the trends, […]
LIC Jeevan Amar Plan : New Offline Term Life Insurance Plan | Details & Review
As per the latest news, LIC is proposing to launch its new offline Term Life Insurance plan called as ‘LIC Tech- Term Plan’ (Plan no 855). Latest update : LIC launches Jeevan Amar Plan w.e.f 06-August-2019 LIC already has been offering different types of Term insurance plans in its term plan product catalogue; LIC e-Term. Amulya […]
LIC Tech Term Plan : New Online Term Life Insurance Plan | Details & Review
As per the latest news, LIC is proposing to launch its new Online Term Life Insurance plan called as ‘LIC Tech Term Plan’ (Plan no 854). LIC already has been offering different types of Term insurance plans in its term plan product catalogue; LIC e-Term. Amulya Jeevan – II. LIC Anmol Jeevan – II. Bhagya Lakshmi. LIC New […]
What is the Credibility of Private Insurance Companies in India? Can they be trusted Lifelong?
Gone are the days when LIC was the only Insurance operator in the country. With monopoly comes monotony, and the Indian Insurance sector was no different. However, things have changed since the year 2000, when private insurance companies were allowed to enter the market (in partnerships with Indian concerns, of course). Since the turn of […]
LIC Nav Jeevan Plan – Features & Review
LIC of India is proposing to launch its new life insurance plan called as LIC Nav Jeevan Plan in March, 2019. Nav Jeevan plan is a non linked, with profit, Endowment Life Assurance plan. The main feature of this plan is that the policyholder has the option to choose between two premium payment options i.e., […]