Buying Term Insurance Plan? Here are 20 Critical things to keep in mind

If you are planning to buy a term insurance plan in coming weeks, then you are at the right place, because today I will share dozens of points which any term plan buyer should know before they buy the cover. So, if you have no idea of how does term insurance work, and if you […]

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Hey Married Men – Do you know about buying Life Insurance under MWP Act?

Do you have any life insurance? And are you really very sure that it will protect your family? Majority of people who buy life insurance in India, buy it for the sole reason of protecting their family’s future. But is taking the life insurance a sure shot way to protect your family (I mean your […]

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Travel Insurance in trains in India by IRCTC has became mandatory

In next 7 min, you will read how you can secure your family with just Rs 1. I am going to teach you that. IRCTC has made it compulsory for every train traveler to take a Personal Accident Insurance Policy which has been applied from September 2016. Railway minister Mr. Suresh Prabhakar Prabhu had announced […]

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From 1st Oct, Insurance policies will be issued online (even renewal policies)

Starting 1st Oct, 2016, all the insurance policies are going to be issued in electronic form. Yes, you heard it right Few years back IRDA had come up with the concept of 13 digit e-Insurance Account (eIA), where an investor had the option to convert their existing physical policies into demat form, but till now […]

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No claim rejection for life insurance policies older than 3 yrs – IRDA

There is very good news for those who have bought life insurance policies (especially term plans). From now on, life insurance companies will not be able to reject claims for any policy which is 3 yrs old. Yes, you read it correctly. No Claim rejection after 3 yrs If your policy is 3 yrs old, […]

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Do something special for your kids along with buying Insurance – Check out How ?

A lot of you on Jagoinvestor must have bought term plan or other insurance plans, so that in your absence your dependents do not face any kind of financial crunch. It is good to buy life cover, but may be buying life cover is just half job done. From last few days, I have been […]

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What happens if policyholder dies within grace period ? The answer may surprise you !

Do you know what happens when the policyholder dies within the grace period provided after the due date of paying the premium. The answer might surprise you because there is a big myth around this topic. Every life insurance company provide a grace period of 30 days for paying the premium after the due date […]

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LIC Online Term Plan Launched – 37% cheaper than Offline version

Good News! . Finally LIC Online Term plan is launched. The name of its online term policy is LIC e-Term and can be bought via LIC Direct initiative. Investors community was waiting for this online term insurance from LIC from very long time and finally many will buy the term plan to cover their family. In […]

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New LIC Term Insurance relaunched with low premiums

This is a bit old news now – but a lot of you might not know that LIC has relaunched their Term plans (offline) few weeks back. LIC has two term plan policies now called Anmol Jeevan II (below 25 lacs sum assured) and Amulya Jeevan II (Above 25 lacs sum assured) , and now both […]

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The Shocking story of – How LIC policy was surrendered using Forged Signature

Can someone else surrender your LIC policy and take the money ? I know you have never ever thought this can happen, because this looks so impossible, but I want to share an incident with you all which happened with Muthu (name changed), who is one of our jagoinvestor reader. One day, Muthu came to […]

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