Savingwala



financial advisor for small saving

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

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.

Life insurers want tax exemption limit increased

Posted on February 10th, 2011 in News

With the Budget 2010-11 around the corner, the life insurers have put forward then-wish lists. The Life Insurance Council the official representative body of the life insurers had recently met the standing committee on finance headed by former finance minister Yash-want Sinha to submit proposals for the Budget.

Gram Sumangal – Rural Postal Life Insurance Scheme

Posted on January 13th, 2011 in Indian Postoffice Savings

Gram Sumangal is an Anticipated Endowment Assurance Scheme which is also known as Money Back Policy

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.

Whose health policy suits you better, life insurance cos or general insurers

Posted on November 10th, 2010 in News

The debate on whether health insurance is safer in the hands of life companies or general insurers has been on since quite some time in India. Today, a host of non-life and life companies, including public sector behemoth Life Insurance Corporation (LIC) offer health cover to individuals. While the non-life companies continue to dominate the health space, this does not mean that they have had a smooth sailing all along, having been beset with loss-making health portfolios.

LIC to increase risk coverage of weaker sections in Himachal

Posted on November 3rd, 2010 in News

To provide a social security cover for weaker sections, Life Corporation of India (LIC), is all set to surpass last year’s target of bringing more than 59,000 people under a life cover that also provides additional benefits.

LIC of India will provide school uniforms for tribal hostel students

Posted on November 2nd, 2010 in News

At the valedictory function of the Social Security Month celebrations of LIC Pension and Group Schemes Unit, Vellore Division held at Yelagiri Hills on Tuesday, Mr. Sharma distributed educational scholarships to beneficiaries enrolled in LIC’s social security scheme Janashree Bima Yojana.

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.

LIC crosses Rs 10 bn mark premium under new ULIPs

Posted on October 20th, 2010 in News

The Life Insurance Corporation of India (LIC) has crossed Rs 10 billion mark under the new ULIP plans, pension plus and endowment plus.

 
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