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 […]
Insurance
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 […]
Important Dates & Deadlines for Aadhaar linking with PAN, Mutual Funds, Insurance Policies & Mobile SIM
Aadhaar card has become a hot topic of discussion in India. Government of India is linking each and every aspect of life to Aadhaar, be it your PAN, Bank account, EPF UAN, Mutual Fund Folios, Demat Account, Insurance Policies, Mobile Number, Govt Subsidies (like LPG), Death Certificate etc., Aadhaar is a 12 digit unique identification […]
How to link Aadhaar number to LIC Policies online?
IRDAI (Insurance Regulatory and Development Authority of India) has recently made it mandatory for individuals to link existing Insurance policies with Aadhaar (by 31-March-2018), as well as quoting it for buying a new insurance policy (life/non-life insurance). Until now, the linking has been done on a voluntary basis. So, you need to contact your respective Insurer […]
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 […]