LIC has launched Dhan Varsha Plan, a single premium insurance policy now. This insurance plan is single premium individual savings plan. LIC says it would pay up to Rs 75 for every Rs 1,000 sum assured which is 7.5%. Investors would get tempted with such fancy words. What are the key features in LIC Dhanvarsha Plan 866? Who is eligible […]
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One of the basic financial steps is to consider a life insurance plan in the name of member in the family. In case of unfortunate death of the earning member, there would not be any hurdles for kids education and to meet regular monthly expenses of the family members. There are different types of life insurance plans in India. Among […]
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IRDA Life Insurance Claim Settlement Ratio 2022 IRDA has released its annual report for 2020-21 a few days back, which contains life Insurance Claim Settlement Ratios for the year 2020-21. Generally they would publish this report after 9-10 months from the date of closure of the financial year. IRDA analyse several key details and publishes these details as part of […]
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LIC Dhan Rekha Insurance Plan Details (Updated this post again after it is launched) LIC comes with new insurance plans couple of months ahead of closure of the financial year. This time they are a little early. LIC has launched Dhan Rekha Plan No. 863. This LIC’s new plan is a money back plan with guaranteed additions. Recently we have […]
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SBI Life eShield Next Term Plan – Features, Benefits and Review SBI Life has launched a new term insurance plan – ‘SBI Life eShield Next’. This is a pure risk protection plan. SBI Life had eShield term plan earlier. It has enhanced this plan and brought the new term plan now. What are the key features of SBI Life eShield […]
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SBI General Insurance Arogya Supreme – Features and Review Few days back SBI General Insurance has launched Arogya Supreme Health Insurance Plan. This is comprehensive policy with 20 basic covers and 8 optional covers. One can consider this plan for 1 year to 3 years policy period. It comes with several features where an individual can consider this for self […]
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Aditya Birla Sun Life Launches Vision LifeIncome Plus – Review Few days back, Aditya Birla Sun Life Insurance (ABSLI) has launched Vision LifeIncome Plus plan. This is an insurance cum investment scheme where one can get guaranteed income for 30 years or lifelong and life coverage up to 100 years. What is Aditya Birla Sun Life Insurance Vision LifeIncome Plus […]
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Exide Life Guaranteed Wealth Plus Insurance Plan – A Review Few days back, Exide Life Insurance has launched Guaranteed Wealth Plus insurance scheme. This is an insurance cum investment scheme where one can pay for 6 years and get guaranteed income for 30 years. This 30-year guaranteed income is a “psychologically happiness” impression being created by the insurance policy. What […]
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LIC Saral Jeevan Bima – Positive and Negative Factors Recently LIC has launched Saral Jeevan Bima, which is a standard term insurance plan that covers basic term plan features and starts with low sum assured of 5 Lakhs. This plan is launched based on IRDA guidelines about launching standard term plan which would have common features. There is mixed reaction […]
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LIC Bachat Plus – Positive, Negative and Hidden Factors Recently, LIC has launched Bachat Plus, an insurance plan which is a non-linked, participating life insurance savings plan. LIC launches such schemes to target employees in search of last-minute tax savings. There are a few interesting features in this plan along with several hidden factors that one should know before investing […]
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Max Life Saral Jeevan Bima (Standard Term Plan) Max Life Insurance has launched Saral Jeevan Bima Plan, which is the standard term insurance plan. Earlier IRDA has issued guidelines to life insurance companies to come up with simple and standard term insurance plans. They need to tag “Saral Jeevan Bima to their policy name. Based on such guidelines, Max Life […]
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LIC Bachat Plus (Plan No 861) – Should you Invest? LIC has launched its 2nd insurance plan in 2021 named “Bachat Plus” now. LIC keep coming with new life insurance savings plans during the financial year ended to attract salaried individuals who are looking for last minute tax savings. LIC Bachat Plus is traditional, non linked, non participating and life […]
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LIC Bima Jyoti Insurance Plan – Positive and Negative / Hidden Factors Recently LIC has launched Bima Jyoti Insurance Plan 860. There is a lot of hype got created before launching the plan. LIC Bima Jyoti is a non linked, non participating, life insurance plan. The policy guarantees Rs 50 addition, every year for every Rs 1,000 sum assured. This […]
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LIC Bima Jyoti (Plan No 860) – Features, Eligibility, Benefits and Review LIC Bima Jyoti new plan is launched on 22nd February, 2021. LIC keep coming with new insurance plans at the end of the financial year to attract salaried individuals who are looking for tax savings in last minute. This is a non linked and limited period premium life […]
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Life Insurance Claim Settlement Ratio 2019-2020 [Published in 2021] IRDA has released its annual report for 2019-2020 now, which contains life Insurance Claim Settlement Ratios for the year 2019-20. Generally they would publish this report after 9 months, i.e. they were supposed to publish this in Jan-2021, however this year they are little late. IRDA analyze several details and publishes […]
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