Savingwala



financial advisor for small saving

Rs2,800 crore for LIC of India policyholders

Posted on September 2nd, 2010 in News

Life Insurance Corporation Chairman TS Vijayan today said the life insurance major will pass on the tax benefits from the proposed Direct Tax Code to the new policyholders. “We will pass on the DTC benefits to the policyholders,” Vijayan told an insurance summit organised by industry body Assocham here today.

LIC India Declares 2009-10 Results [Rs. 23,478 Cr. Surplus]

Posted on August 23rd, 2010 in News

Life Insurance Corporation of India, India’s largest life insurer, has announced its
audited figures for the financial year ended March 2010. LIC has declared a
Valuation Surplus of Rs 23,478 crores of which Rs 1,029 crores is given to the
Central Government as dividend.
The Total Premium Income of the Corporation for the year rose to Rs 1,85,985
crores from [...]

IRDA fines LIC, HDFC Standard for missing rural obligation

Posted on August 20th, 2010 in News

Insurance regulator IRDA has imposed a penalty of Rs 5 lakh each on two life insurers, state-run Life Insurance Corporation (LIC) and HDFC Life Insurance, for failing to meet rural and social sector obligation in 2008-09, Parliament was informed.

LIC to seek IRDA nod for two new Ulip schemes

Posted on June 3rd, 2010 in News

Life Insurance Corporation of India (LIC of India) is likely to submit new unit-linked insurance plans ULIPs with the IRDA in light of its two plans coming to a close.

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.

Jeevan Nischay - Single Premium Plan

Posted on October 29th, 2009 in Life Insurance

LIC’s Jeevan Nischay is a single premium closed ended plan designed exclusively for our valuable policyholders like you who have at least one in force risk…

Jeevan Varsha - [Sales Closed]

Posted on February 14th, 2009 in Insurance

It has been decided to introduce LIC’s Jeevan Varsha (Plan No. 196) a close ended plan which
would be open for sale from 16th February, 2009 to 31st March, 2009.

Jeevan Kishore

Posted on February 6th, 2009 in Life Insurance

Jeevan Kishore is a life insurance plan from LIC of India for kids.

Jeevan Anurag - Child Insurnace

Posted on February 5th, 2009 in Life Insurance

Jeevan Anurag is suitable to take care of the educational and other needs of your kids. (investment options for kids india)