Query on LIC Policy
In this post I am answering one of the query I received through Ask Your Questions.
Question:-
I have been holding a LIC policy since 2001. I will be migrating to USA from the next year. Can I continue the LIC policy in abroad?
Answer:-
Yes. You can continue the policy when you are outside India. You can either [...]
What is Term Insurance Plans?
Introduction
Term Insurance plans are the purest insurance plans available in the market. There are different types of insurance plans in the market like Term Insurance, Endowment Insurance, ULIP, etc. Every type has its unique features. I have already written one article about the difference between insurance and investment. So, it is good to select the [...]
LIC Jeevan Nischay
Introduction
In this article I will be writing about the new policy introduced by the LIC last month, which can be taken as the top up policy on the another existing policy. This article presents some of the key facts on that new policy. If you have any doubts please post it in the comments section. Please subscribe [...]
How to revive lapsed LIC policy?
Introduction
This article explains how to revive the lapsed insurance policy in case of failed in paying the premium. It is one of the most common problem for the policy holder, they may miss the due date for several reasons and tend to revive the policy later. It involves certain procedures and penalty for reviving the [...]
Insurance Agent Commission may continue
In my previous article I have written about the proposal on removing the insurance agent commission by D Swarup, the chairman of the Pension Funds Regulatory & Development Authority (PFRDA). Also I have mentioned that agents are the key to getting the more business for the insurance companies and they are the key driving factor. [...]
Komal Jeevan – Child Insurance Policy
Introduction
In this article I will be writing about the one of the popular child insurance policy from the LIC. It is Komal Jeevan. It has many advantages compare to other insurance policies, this article presents the few facts related to the polciy. If you have any doubts please post it in the comments section. Please [...]
How to pay LIC Premium using SBI Credit Card?
Introduction
In this article I will be writing about the way how you can pay the LIC policy premium using the SBI credit cards. In my previous article I have explained how to pay the LIC policy online. It provides the option of paying only from the debit cards. In case if you want to pay [...]
Child Insurance Policy
Introduction
It is important to know about the child insurance policies. If you are parent for one or more children, you must seriously consider taking policy for them. This will help you to spend money for their education, marriage, etc. There are numerous policies available for the children. You should e very careful while selecting the [...]
IRDA Announcement on Insurance Agents
Recently IRDA has announced new restriction for the Insurance agents. The following are the restriction and rules should be followed by agent and the insurer.
With the new announcement, agents cannot change the insurance company very frequently.
Every agent has to stick with the same company for at least three years, then only he can move [...]
List of Life Insurers in India
The following are the list of Life Insurance Companies in India. The list is published by IRDA.
Bajaj Allianz Life Insurance Company Limited
Birla Sun Life Insurance Co. Ltd
HDFC Standard Life Insurance Co. Ltd
ICICI Prudential Life Insurance Co. Ltd.
ING Vysya Life Insurance Company Ltd.
Life Insurance Corporation of India
Max New York Life Insurance Co. Ltd
Met Life India Insurance [...]
