Plan Your Investment

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 [...]

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 [...]

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 [...]

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 [...]

This blog post explains about the new proposal sent to the Insurance Regulator to cut down the existing commissions paid to insurance agents and increase the sum assured for the policy holders. It is just a proposal and it looks Insurance Regulatory & Development Authority (IRDA) is not much interested in the proposal. In this [...]

Introduction This blog post answers few questions related to Life Insurance policies. Frequently I am getting questions from our readers in various topics. I have decided to compile all the questions and post in the each topic regularly. Here I am starting with LIC policies. Hope this will clear your doubts. If you have any [...]

Banks can tie up with utmost one insurance company as the agency. For example IOB has the LIC as the Insurance partner.  Insurance sector regulator IRDA is considering whether to allow banks to tie-up with two-to-three insurance firms to sell their insurance. The regulator is currently reviewing the existing Banacassurance model and has set-up a seven-member committee [...]

Introduction This article explains about the double accident benefit for Life Insurance policies. It is one kind of policy to get the more assured amount in case of  death by accident. This articles explains briefly about this scheme and what will be the premium payable for this policy. If you have any doubts please post [...]

In this article I will be writing about the loan against LIC policy. As I have explained in my previous articles about the different kind of loans and how to apply for it. Loans against LIC policy is one of the good idea to get loans for cheaper price. It involves many restrictions because you [...]

In this article I will be writing about the surrender value of LIC policy. Basically the surrender value is the case value of your policy which can be paid if you are planning to discontinue the policy before its completion. It has few calculations and restriction to apply for the surrender value. This article explains [...]