LIC launched its new pension plan LIC New Jeevan Shanti on 21st October 2020. It is a single premium, deferred pension plan. The pension rates are guaranteed at the time of buying itself. Few days back, LIC launched Jeevan Akshay VII, an immediate annuity plan (LIC...
IRDA issues new guidelines for Life Insurance companies to bring in the new standard term life insurance policy with the name Saral Jeevan Bima Term Life Insurance. It is exactly like how IRDA did with respect to the health insurance policies (Arogya Sanjeevani Policy...
Recently LIC declared the bonus rates for the year 2020 - 2021 (As per March 2020 valuation). Let us see the complete details about LIC Bonus Rates for 2020 - 2021 and how they affect your life insurance returns. LIC of India has declared the latest bonus rates...
Which is the best critical illness policy in India in 2020? Many of us have Term Life Insurance and Health Insurance. However, we never gave importance to Critical Illness policies. Let us see the importance of having a Critical Illness policy and analyze which is the...
LIC Jeevan Akshay VII Pension Plan (857) introducing it from 25th August 2020. It is the immediate pension plan. At the same time, LIC is withdrawing the immediate pension option from Jeevan Shanti (850). Considering the decreasing interest rate, it was expected from...
You may be aware that LIC started issuing maturity or survival benefits directly to your bank accounts rather than issuing the cheque. Going one step ahead, LIC recently launched the facility to register LIC NEFT Mandate online to receive your maturity or survival...
Corona Kavach Vs Corona Rakshak - Which one to buy? Getting confused right? Let us understand the difference between these two products for our better requirements. Due to the Corona pandemic, IRDA suggested all non-life insurers offer the standalone Corona related...
Which are the Top 5 Super Top-up Health Insurance Plans in India 2020? You have the basic health insurance either from your employer or on your own. However, this base plan may not be sufficient to cover the cost of hospitalization. In such a situation the best way is...
IRDA came out with guidelines with respect to Covid Standard Health Policy or Corona Kavach Policy - Features and Benefits. This policy is called a Corona Kavach Policy. Let us see the features and benefits of Coronavirus or Covid Standard Health Policy in detail....
IRDAI issued new guidelines on 11th June 2020. Let us understand the new IRDA Health Insurance Guidelines 2020. These are really beneficial for all the insured. IRDAI Health Insurance Guidelines 2020 - Do you know these changes? 1. Health Insurance Policies...
Health Insurance Claim rejected due to Non-disclosure of material facts? Do you know one Supreme Court Judgement creating a huge impact on your health insurance claim settlement? Considering this case as a reference, Insurance Ombudsman settling the cases in favor of...
There is a huge push for Tata AIA Life Guaranteed Return Insurance Plan. Is it worth investing in this product especially due to the falling interest rates? In India, if someone wishes to sell a financial product, then they must come with two taglines. One is TAX...