LIC Jeevan Shanti is a new single premium guaranteed pension plan which is launching on 12th September 2018. It offers the guaranteed pension with options like an immediate pension or deferred pension.You may be aware that LIC's Jeevan Akshay VI also offers the guaranteed pension plan. However, … [Read more...]
New Eligibility for PLI (Postal Life Insurance)
Do you know the new eligibility for PLI (Postal Life Insurance) rules? Many of us unaware that Post Office also offers the Life Insurance. However, the eligibility is restricted earlier. Due to the huge competition, recently they changed the rules. What is PLI (Postal Life Insurance)? PLI (Postal … [Read more...]
Health Insurance Tax Benefits 2018-19 (AY 2019-20)
There are certain changes to Health Insurance Tax Benefits 2018-19 (AY 2019-20) after the Budget 2018. Many of us have health insurance either from our employer or on our own. However, we forget to claim a few tax benefits. Hence, let us understand these changes in detail.We all know the … [Read more...]
Who is Beneficial Nominee in your Life Insurance?
Do you know the difference between Nominee and Beneficial Nominee? What is the meaning of Beneficial Nominee in case of Life Insurance? It is best to understand how the rules work before you nominate someone for your life insurance policies.The earlier meaning of Nomination for Life … [Read more...]
How to pay LIC Premium on Paytm?
How to pay LIC Premium on Paytm? How to pay Life and General Insurance Premium on Paytm? In your busy schedule of life, there is a possibility to forget paying the Life or General Insurance Premium. To avoid this recently Paytm launched Insurance premium payment facility.Currently Paytm offers … [Read more...]
How to change the address in LIC Policies?
How to change the address in LIC Policies? Many of you might be purchased the LIC policies. While buying the policies you might have given the address which is now changed.For a better communication between you and your LIC branch, it is always best practice to update your contact details like … [Read more...]
LIC Bima Shree Plan 848 -Features, Benefits and Review
LIC Bima Shree Plan 848 is a money back plan with Guaranteed Addition feature. This plan will be available from 16th March 2018. Whether can we buy LIC Bima Shree Plan 848? Let us see it's features and benefits in detail.It is a non-linked, with profits, limited premium payment money back plan. … [Read more...]
HDFC Life Sanchay – Reality check of 8% to 9% Guaranteed Addition
HDFC Life Sanchay claims 8% to 9% Guaranteed Addition and also the guaranteed maturity benefit of 220% to 325% of the Sum Assured depending upon the policy term. One of my blog readers noticed this and shared with me for review. Let us see the what is the truth.It is one of the traditional plans … [Read more...]