How to cover life insurance for old age ?

hello everyone.. i am 23 now and i am considering KOTAK TERM PLAN FOR 30 YRS…SO I AM COVERED FOR 53 YRS.NOW TO COVER REST WHAT SHOULD I DO. TAKE ANOTHER PLAN AT SAY 50 YRS OF AGE FOR ANOTHER 30 YRS ..  

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Right way of Calculating Life Insurance

I would like to know from all the investors that what is the right way of insurance as per you . There are two models of calculating it Model 1 : It takes into consideration all your future earnings . So if you are earning 10 lacs , it would take 10 times of your […]

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whole life insurance…is it better than term insurance.

hello friends.. plz let me know about whole life insurance. is it better than term plans… plz help. thanks.

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How safe is it to buy insurance from sites like http://www.easyinsuranceindia.com

I recently checked out the site for health & car insurance, the rates are tremendously low,What one has to do is compare select & pay. Documents are sent to some chennai address. What do you guys think about it Minimum Health insurance is Rs 2400 from United India,Iffco Tokio General & Star Health, for 1 […]

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Life Insurance for a person Age 64

Hello, A person of age 64 is looking for some life insurance plan. Can you suggest some plan available at this age except pension plan? Thanks

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Issuance of online term plan(iProtect)

I have applied for online term policy from ICICI – iProtect on 27th Sep 2010. But, till now the policy has not been issued. I tried to contact the local branch office and also get in touch with ICICI customer care center to know the policy status. I also wrote a mail to ICICI customer […]

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How to calculate the individual’s Insurance Limit

I read that “As per the rule of insurance , Life Insurance is not some thing which one should use as a tool to make money , So a person should not be insured for more amount he deserves , A normal person with insurance requirement of X can not take 10X insurance cover”. How […]

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Do we have to renew Term insurance every year! or is it a one time payment!

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Ulip Switching Now?

My friend has a ULIP policy (ICICI Pru LifeStage RP) ,just like many he was also mis sold by an agent. He asked me how to benefit from it? I checked the Policy and it has taken up enough charges with front load and there are no surrender charges after 5 years. Since he started […]

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Section 45 of Insurance Act, 1938

What is the meaning of the section “Section 45 of Insurance Act, 1938” on this lic page http://www.licindia.in/amulya_jeevan-I_benefits.htm

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