Taking loan on your Life Insurance policy is an options instead of taking expensive personal loans. The main advantage of taking loan on LIC policy are: – loans are available at low interest rate. – you can repay as per…
Every needs a cheap and best deal, same is the case with life insurance. Now a days there are lots of life insurance companies in India.
As a result of a global restructuring exercise, ING Group decided to exit out of the insurance business from Asia Pacific. Post this decision the ING Groep N.V. sold its stake in ING Vysya Life Insurance to Exide Industries Limited…
The claim settlement ratio of LIC was better than that of the private life insurers,” Insurance Regulatory and Development Authority said in its annual report.
Ing Life Insurance recently introduced a new plan that offers guaranteed regular income. In this plan an investor has to pay premiums for few years and get guaranteed benefits like regular income at an attractive rate of 11% – 13%…
As a loving and caring parent, you have big dreams for your child and you want to make those dreams come true.
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 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 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.
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.