Hi, I am 23 and I don’t have a life-insurance yet. I reviewed all the pure term life insurance policies available in market and zeroed in on ICICI Prudential’s iProtect which I found, is the cheapest. I thought of buying this policy for an sum assured of 70 lakhs for which the annual premium is […]

In Online Term Insurance (Aegon OR IProtect) 1. How is the death claim process in case if someone buy online term policy? 2. What if in case  the insurer forget to pay the yearly premium? Do they remind the policyholder? Does it provide 15 days OR 1 month grace period. 3. Although if you buy […]

Hi, I am planning to take Term plan for 1 crore. One of my friend suggested me an idea : Take LIC term plan for 25 Lakhs first Then go for any other reputed Term insurance company for remaining amount of 75 Lakhs Doing above would have following benefits: If LIC settles down the claim, […]

Hi, Can we take 2 different term insurances for oneself from the same insurance provider (say one for 15 laks and one some time after for 20 laks)?.  Tx in advance.

hi,i have a ulip policy.i pay premium annually towards my policy.it is done in march every year.this year in march,i was not able to pay the premium due to some personal problem.so i could not claim tax exemption for the FY 09-10.now i will pay the due premium in next month and regular premium in […]

Guys, I am about to take a big home loan along with my wife. Given below are details of our insurance till now Me : 10 lakh term insurance        2 lakh mediclaim provided by employer for me and my wife Wife : No life insurance          2 lakh mediclaim […]

Many have said on this forum somewhere that claim settlement ratio is not good of private companies. Please quote your authentic source for the same. Thanks

Hi, I want to take term insurance policy for my wife. I am confused between ICICI I-term, Aegon Religare i-term, Birla sunlife high networth plan. These plans have low premium compared to LIC but claim settlement ratio is not good as comared to LIC. Pls. suggest Thanks.  

What a Child ULIP Plan can do ? And Not MF Schemes…. It allocates the premium fund in the absence of Parents in Right way. Without having pain of paying future premiums. Den why denying same in financial planning ??????????