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Recent Posts
- ATTENTION ALL LIC POLICY HOLDERS
- LIC India increases bonus
- PNB agrees to pick 30% in MetLife India
- Guaranteed Return Plans
- Income Tax Return Online – Save Time
- Why Fixed Deposits are not good for your child
- Gold ETF turnover nears Rs 500 cr on Akshaya Tritiya
- Health Insurance for Government Employees
- Life insurance premium may come down soon
- Issue of Postal Life Insurance Government of India Special Security
- Insurance Scheme for Teachers
- Fixed Deposit rates may Decline in Coming Weeks
- IRDA limits scope of selling Ulips Over phone by distance insurance marketers
- Tax-saving traps to avoid
- Samvardhan – Pension Scheme for LIC agents
- Samridhi Plus – LIC of India – Samridhi Plus Unit Link Plan
- JEEVAN SAMRIDDHI – Money Back Plan
- Life insurers want tax exemption limit increased
- LIC pays Rs. 1030 crore dividend to Govt for FY10
- Warnings and Penalties – Max Newyork Life Insurance Co
- LIC BIMA Account 1
- LIC of India, IRDA and Tax-free Infrastructure Bonds
- How much tax do infra bonds really save?
- Long term infrastructure bonds – IDFC Infrastructure Bond-Series ll
- Central Government Employees Group Insurance Scheme (CGEGIS): Ministry of Finance
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Guaranteed Return Plans
Posted on August 20th, 2011 in Guaranteed
Lots of guarranted plans are available with Indian life insurance compines. We will be updating this page with information and news about guaranteed plans
Samridhi Plus – LIC of India – Samridhi Plus Unit Link Plan
Posted on February 19th, 2011 in Insurance
LIC of India’s Samridhi Plus Summary:
LIC of India’s Samridhi Plus is a ULIP plan. LIC Samridhi Plus (Plan No.804) is a close ended plan which would be open for sale for a maximum period of 3 months.
JEEVAN SAMRIDDHI – Money Back Plan
Posted on February 19th, 2011 in Life Insurance
‘JEEVAN SAMRIDDHI’ – the New Money Back Plan that assures periodic payment of basic Sum Assured in installments on survival, with increasing benefits. ‘Jeevan Samriddhi’ gives a wider choice of convinient terms – 12, 15, 20 and 25 years, with added attractive features necessities, to ensure the timely availability of funds for marriages, education, illness and any unforeseen contingency.
Warnings and Penalties – Max Newyork Life Insurance Co
Posted on February 3rd, 2011 in Life Insurance
IRDA has issued a Warning letter to Max Newyork Life Insurance Co 24 Jan 2011 in Contravention of the provisions of Regulation 8 of the Policyholder Protection Regulations, 2002
LIC BIMA Account 1
Posted on February 1st, 2011 in Life Insurance
LIC’s Bima Account 1 (Plan No. 805) is a without profit Variable Insurance Product. Under this life insurance policy there will be a Policyholder’s Account maintained separately for individual policyholder
IRDA norms for new life schemes
Posted on November 24th, 2010 in Life Insurance
Insurance regulator IRDA on Tuesday said that all universal life products, a new kind of insurance which entered India recently and gives greater flexibility to customers, will not have any unit-linked component in them.
Life Insurance V/S Other Savings
Posted on October 25th, 2010 in Life Insurance
Life insurance assures payment of the entire amount assured (along with bonuses, wherever applicable) in case of demise, whereas in other savings schemes, only the amount saved (with interest) is payable.
Health Protection Plus – Health Insurance
Posted on October 14th, 2010 in Life Insurance
Health is a major concern on everybody’s mind these days. With sky rocketing medical expenses, the possibility of any illness leading to hospitalization or surgery is a constant source of anxiety unless the family has actively provided for funds to meet such an eventuality. Most families rarely provide for healthcare, and even if they do, it is grossly inadequate. Given this scenario, LIC has launched LIC?s Health Protection Plus plan, a unique long term health insurance plan that can combine health insurance covers for the entire family (husband, wife and the children) ? Hospital Cash Benefit (HCB) and Major Surgical Benefit (MSB) along with a ULIP component (investment in the form of Units) that is specifically designed to meet Domiciliary Treatment Benefit (DTB) / Out Patient Department (OPD) expenses for the insured members.
Retire and Enjoy
Posted on April 26th, 2010 in Insurance
The objective of Retire and Enjoy is to provide financial security to the family of policy holder during your productive span and a happy independent retired lifestyle for the policy holder and his/her spouse when they decide to retire.
New Wealth Plus Plan
Posted on February 7th, 2010 in Life Insurance
Wealth Plus from LIC is a Single Premium Insurance policy unit linked plan having a term of 8 years and with a Payment term of 3 years or Single premium.
Wealth Plus guarantees to pay you the highest NAV reached in the first 7 years of its term or the 8 th year NAV which ever is higher.
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