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 […]
Insurance
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., […]
Top 12 real-world Car Insurance Queries Answered!
In India, buying a car has long been considered a status symbol, and it is true until today. Because of this, the 4-wheeler has more importance in the Indian family than just a set of wheels to go from this place to that. This favorable outlook that Indians have for cars, unfortunately, does not flow […]
How much Term Life Insurance Cover do I need? | Online Insurance coverage Calculator
With increasing financial awareness, people have become very eager for Life insurance policies irrespective of Endowment Policy, Money Back Policy or Term insurance plans at an early age. Term insurance plans offer an assured sum to the nominee in the case of uncertain demise of the policyholder. In other words, term insurance policy provides financial […]
LIC MICRO BACHAT Insurance Plan – Features & Review
LIC has launched a new non-linked, participating, endowment insurance plan called – LIC Micro Bachat (Plan no 851) on 18th February, 2019. It is a protection cum savings oriented life insurance plan LIC is aiming at the low income group with Micro Bachat insurance plan, as the maximum Sum Assured offered under this is Rs […]
IRDA Claim Settlement Ratio 2017-18 Data | Top 10 Life Insurance Companies based on CSR
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 […]