Hi All, Last year I took a term insurance policy from an private insurance company with help of an advisor which is due for renewal now . I was checking the application form and saw that last year while filling up app form additional policies (LIC) which I have were not declared during that time. It could be […]

Hi Manish, Read your post on the iTerm and iProtect and found it quite useful. I think it would help most of the readers in case you can do one such comparison on other 2 most commonly used policies. One on Health Insurance and other on Personal Accident Insurance keeping the broad objectives of these […]

Hello All, I would want to know what is tha average Commissions as percentage of premiums for below type of policies. 1) Term Insurance 2) Personal Accident 3) Mediclaim When I contacted my advisor for review – renewal for these policies he say’s the commissions are very meager and was not ready to discuss more . I guess […]

I’m having couple of doubts regarding Accident insurance with regards to Permanent/temporary disability. How much cover one should have for Accident policy for PD, PPD or TD? In terms of Term insurance we say 5-8 times of your annual salary or with some other calculation we arrive at a number to fix the insurance cover. […]

has anybody idea, whether the life insurance company allows discontinuation of the attached rider, keeping basic policy continued after paying regularly for some year/s?

I have recently taken a Home Loan. I have received the first installment from the bank and going to start my EMI from next month. I dont have dependents and have a insurance to an extend of 6L. This home also has some investment from my father and brother of about 15% and we stay […]

FAQ from: http://www.themoneyquest.com/2010/11/life-insurance-online-term-plans-review.html 15. Should I buy these Online Term Plans? No, in view of bad customer experiences, it is better to follow a wait and watch policy. If you’re in a hurry consider the cheaper options among the conventional offline plans. Can somebod comment on what reforms or developments are going on in life/heath/general […]

Hello I currently have this policy from LIC- Jeevan chaya. I wanted some reviews around this product. Is it worth keeping it? or can we stop the payment after 3 years of lock in period. LIC’s Jeevan Chhaya is an Endowment Insurance policy. This is the product links – http://www.licindiaagent.com/jeevan-chhaya-moneyback-life-insurance.php http://www.etaxindia.org/2010/08/lic%E2%80%99s-jeevan-chhaya-gives-shelter-to-your-life-a-complete-review-of-jeevan-chhaya.html All thoughts and answers […]

I am an US based NRI aged 38Yrs and want to invest in India . I would like to have some kind of insurance and/or Retiremant plan, so that i would get pension after retirement. Which is the best available plan.

This is about Jeevan Saral as an investment option instead of NSC/PPF … I discussed with couple of development officers directly to gather such info.. Please read on W.r.to endowment policies, it is right that 6-6.5% of return, but this policy differs from others that the projected return as 10% compounded because, 1. Loyalty addition […]