LIC of India

LIC Jeevan Saral

Anushka — Tue, 06 Dec 2011 14:48:57 +0000

LIC’s Jeevan Saral (Table 165) is the simplest LIC plan, where you just need to decide how much monthly premium you want to pay and you will get 250 times risk cover for example if you want to pay Rs.1000/mo then your risk cover will be 10000x250=2.5 lakh Jeevan saral is good for all tax groups as it gives you tax benefit too. LIC Saral plan is suitable for all who want to keep invested or want to invest regularly for 10-25 years. This plan also won Golden Peacock award. . . . → Read More: LIC Jeevan Saral

Met Smart Life Review

Anushka — Mon, 29 Aug 2011 02:30:36 +0000

There was once I saw a slogan somewhere ‘buy smart be smart’. I never thought I would ever follow it, I mean how a person can become smart by purchasing something. But now after I came across the Met Smart Life, it has changed my opinion. Now I can say I am smart as . . . → Read More: Met Smart Life Review

Jeevan Mangal – Micro Insurance

Tabrej — Sun, 28 Aug 2011 14:31:29 +0000

LIC’s Jeevan Mangal is a term assurance plan with return of premiums on maturity. "Jeevan Mangal" - the micro insurance product is customized to cater to the distinct needs of the most vulnerable low income sections of Indian population. The Premium starts from Rs.15 per week. . . . → Read More: Jeevan Mangal – Micro Insurance

Met Pension Plus Review

Anushka — Sat, 27 Aug 2011 14:30:19 +0000

When you conduct any surveys for buying any policies, there you have certain demands and expectations regarding your future, and you often go for the policy which suits your future in the best way. At this moment you never think about, money, you only need is protection and an independence at the age where . . . → Read More: Met Pension Plus Review

LIC Jeevan Anurag

Tabrej — Fri, 26 Aug 2011 14:40:12 +0000

LIC’s Jeevan Anurag is a with profits plan specifically designed to take care of the educational needs of children. The plan can be taken by a parents. Benefits under the plan are payable at prespecified durations irrespective of whether the Life Assured survives to the end of the policy term or dies during the term of the policy. In addition, this plan also provides for an immediate payment of Basic Sum Assured amount on death of the Life Assured during the term of the policy. . . . → Read More: LIC Jeevan Anurag

ULIP vs. Mutual fund

Anushka — Thu, 25 Aug 2011 02:31:57 +0000

ULIPs and mutual fund are similar type of investments but not same. As we know mutual funds are more into investments; whereas ULIPs are into investments as well as insurance. When we look into the basic concept the difference between the two is very small, and mainly consists of product structure and risk coverage. . . . → Read More: ULIP vs. Mutual fund

Jeevan Nischay

Tabrej — Tue, 23 Aug 2011 14:33:14 +0000

Jeevan Nischay is a single premium policy with guaranteed maturity benefits exclusively for existing LIC policy holders. Jeevan Nischay is a close ended plan wherein a person can take policy on his/ her own life by paying single premium. . . . → Read More: Jeevan Nischay

Health insurance claims settlement

Anushka — Tue, 23 Aug 2011 02:30:37 +0000

most of the insurance companies depend upon Third Party Administrator (TPA) for carrying out the procedure of the claims. The simple meaning is, one the insurance policy is sold to the policy holder, and the insurer passes on the responsibility to the TPA. This way, all the verifications and formalities are completed through the Third Part Administrator (TPA). . . . → Read More: Health insurance claims settlement

ICICI Pru Hospital care review

Anushka — Mon, 22 Aug 2011 02:30:49 +0000

When you look at yourself, you never think that may be at some point of time, you may fall ill, or there might come a time when you would be required you remain in the hospital. There is always the same kind of tag line you prefer, ‘why would I fall ill?’ But there . . . → Read More: ICICI Pru Hospital care review

Child Fortune Plus (Plan No.194)

Tabrej — Fri, 19 Aug 2011 14:30:44 +0000

LIC of India's Child Fortune Plus is a unit linked plan (ULIP) which will be allowed to the parents who have a child upto the age of 17 years last birthday. The risk cover under the plan will be on the life of the parent who will be the life assured. There will be no insurance coverage on the life of the child, but the policy will be allowed based on the age of the child. The policy will continue till the child attains the age of 25 years last birthday or till the life assured attains the age of 75 years nearest birthday, whichever is earlier. The purpose of the plan is to meet the educational and other needs of the child named as nominee in the policy. . . . → Read More: Child Fortune Plus (Plan No.194)