Savingwala



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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.

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.

Tata AIG Life Insurance

Posted on January 12th, 2010 in Life Insurance

Tata AIG Life Insurance Company Limited (Tata AIG Life) is a joint venture company, formed by the Tata Group and American International Group, Inc. (AIG). Tata AIG Life combines the Tata Group’s most excellent leadership position in India and AIG’s global presence as one of the world’s leading international insurance and financial services organization.

Sahara India Life Insurance

Posted on January 12th, 2010 in Life Insurance

Sahara India Pariwar is now entering the Life Insurance Industry as the FIRST WHOLLY INDIAN Life Insurance Company in the Private Sector. The main objective of Sahara India Life Insurance Company Ltd Company is to reach out across the country to all segments of society especially the underprivileged and less cared for brethren in the rural areas – who need the protection of life insurance.

Max New York Life Insurance

Posted on January 5th, 2010 in Life Insurance

Max New York life insurance provides life insurance solutions, children’s plan and retirement solution. Max New York Life offers a range of products that are designed to cater to specific individual life insurance needs

 
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