What is Restore Option? Now days a concept of “Restore” is introduced to the health insurance products. Under this option the sum insured is reinstated (restore) after it has been exhausted before a policy year ends. Let’s see an example:…
When it comes to claim settlement, private insurance companies are perceived to be better than their public sector counterparts, reveals the findings of the Hindustan Times-MaRS survey. Respondents to the survey ranked India’s first stand-alone health insurance company, Star Health…
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.
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.
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 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…
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.