Employeed Deposit Linked Insurance Scheme (EDLI) gives group term insurance cover to every employee of an establishment. It is cheap and give upto Rs 6 lakh.
Know all about the term life insurance. Why YOU must take term plan and what should be the criteria of term insurer selection. Learn why agents avoid this.
The biggest insurance company of India the LIC has come with another insurance plan. The LIC Bima Diamond plan is the new Money Back insurance policy from LIC. It is a non-linked, traditional money back insurance policy. This plan is launched on the occasion of the diamond jubilee celebration of the LIC. The LIC has completed… [Continue Reading]
World is at your fingertips. Digitization has really eased the financial transaction. Now you rarely visit a bank branch. Now you rarely use the physical application. Why? Because you have the comfort of online transaction. Similarly, the insurance is also available online.
Everyone wants to own a car, and a car owner has to deal with the annual premium of car insurance. This car insurance premium can be a big chunk of the running expense. There are several factors which decide the premium. You can’t change most of them, but there are some ways to save the car… [Continue Reading]
LIC bonus rates of the year 2016-17 is out. The LIC has announced the rates a little earlier. This bonus rate is applicable for the financial year 2015-16. In other words, the LIC will give this bonus to only those policies which were active (in force) during 1 April 2015 to 31 March 2016. Till writing this… [Continue Reading]
[It is a sponsored post, read disclaimer at the end of the post] Buying a car would be one of the biggest purchase that most of you would do in life. Before buying a car, you do thorough research with respect to the car colour, design, features, mileage, comfort, and maintenance. You will always… [Continue Reading]
This paid up value calculator tells you the reduced sum assured of a life insurance policy. It is reduced in case you can’t pay the premium for the full term. You must know the paid up value of your lapsed insurance policy as you get this amount at the time of maturity. The insurance companies give paid… [Continue Reading]
LIC New Jeevan Anand is one the most popular Endowment life insurance plan of the Life Insurance Corporation. It gives you risk cover for whole life. LIC is promoting this policy heavily through the print and digital medium. Is your LIC agent also pushing for this plan? It is better to understand this policy before taking… [Continue Reading]
Term insurance plans are the most basic, pure insurance scheme and the online term insurance plans are often the most affordable insurance plan. Online term plans have become very popular in the last few years. After the introduction of online term plans, 1 crore life cover has become a norm. Now people are taking right insurance cover.