Hi All, The more i am reading about term insurance provided by various companies in this forum more I am getting confused. Few things I have decided till now are tenure of insurance, sum assured, Thanks to all in forum. But still I am not able to decide on which company should I take from. […]

I am availing a home loan from SBI(around 70lacs) for an apartment due to be delivered 3 years from now.I am told by the agent that buying a property insurance from SBI is compulsory.While i understand the need for property insurance,and i am keen to buy one;I want to know if the insurance has to […]

I’m a Working professional as an Engineer and aged 22. Just one year Completed till now, getting a salary of 15,000 p.m and i’m looking for an Term Insurance, which is primary thing i have to do for my family Future. Consider my Example which has doubt, Term Insurance cover of 25 Lakh(assume) for period […]

Dear Sir, I retired from services on 31st May, 2012 and subsequently the papers were submitted to LIC through the company. It has taken more than one year and recently I recieved the communication regarding the pension which says that the pension will start from 1st June, 2013 i.e exactly after 1 year and they […]

Hello Sir , This time a quite strange thing happen. I purchased SX4 (2nd hand ) in Feb 2013 , the insurance is till 17th july 2013 of Rs. 3,00,000 /- and premium paid was of approx Rs.9000/- . Now as we dont know from which agent the policy was done , I contacted a […]

Hi All, Is there any Maximum Limit on the sum insured for the general insurance product – Personal Accidental Death Insurance/ Disability Benefits. I am aware that ther is a max. limit fixed by Insurance companies for Term cover based on Age, Annual Income, etc.. [I have taken HDFC Click2Protect for adequate sum] Currently, I […]

Hello, I am planning to buy a PA policy from one of the Public sector insurers. Is there any particular reason why, among the four, I should choose one over the other? The IRDA Annual Report for 2011-12 says that National and United India have the most number of policies/persons covered under Individual PA Insurance. […]

Dear Concern, I am ramesh and working in a software company at New Delhi and i am orthopedically handicapped (POLIO) affected on my left leg only which is 75%, i would like to purchase a Personal Accident Insurance and Critical Illness Insurance, i enquired with many general insurance companies, while enquiring thye just say that […]

I took Birla BSLI Platinum Premier Plan. I have completed 4 years, paying an annual premium of rs 50,000/. I want to surrender the policy now. The lock-in period was 3 years. Surrender charges are 0 after completetion of 5 years. What will be the surrender charges in my case and when will I get […]

Hi, 1. Is it advisable to take a policy that provides add-ons for Accident & CIL or is it better to take each of them seperately? The premium for seperate policies is a huge amount. 2. Is it advisable to take it seperately for husband and wife or a floater (if available)? Thanks Vijay