Hi, What happens to the non-term insurance plans taken before 2012 (DTC effective year), Will the premium paid to them is still eligible for tax exemption after 2012…?

I have 2 ULIP policies from LIC of India. Both are active. 1. Policy :Money Plus 180    Date : 2007    Policy Term : 20 (Premium term : 20) Have paid 4 yearly premium. 2. Policy  :  Profit Plus 188     Date : 2008    Policy Term : 20 (Premium term : 5) Have paid 3 year […]

Has anyone taken term plans from SBI.  How has your experience been.  Are you satisfied by their service?  Any info on the claims solvency ration. Thanks in advance. Rakesh    

I have invested in LIC Wealth Plus recently. I would like to know the difference between single premium and 3 years premium other than the allocation charges. During the plan starting, each unit value is 10 rupees for both single premium and 3 years premium. Will they allot the same 10 rupee per unit during […]

HI, I AM PLANNING TO PURCHASE A TERM INSURANCE FOR MYSELF. MY AGE IS 35YRS, DOB: 2ND MAY,75. I WANT TO KNW WHICH WILL BE THE BEST & CHEAPEST TERM INSURANCE WITH REGARD’S TO CLAIM SETTLEMENT FOR ME. I WANT TO ENSURE THERE SHOULD BE NO ANY HASSLES DURING THE CLAIM SETTLEMENT FOR MY FAMILY […]

LIC’s Amulya Jeevan (term insurance) and Jeevan amrit policy  If I take Amulya Jeevan (term insurance) for 25 lacs with 30 years cover,I pay Rs.10850 as premimum per year. (Overall I pay 30 x 10850 = Rs 3,25,500)  If I take Jeevan Amrit for 25 lacs with 30 years and 3 yrs premimum paying term,I pay Rs.142210 […]

Respected Sir, I want to know weather it is wise enough to get LIC Jeevan anand policy ,paid up after 5 yrs. of commencement of it. Afterall it is whole life endowment Policy. I am paying Rs.22000/pm for Sum Assured of Rs.500000/- for a tenure of 25 yrs,since april 2005. + I am getting Rs. […]

I have a LIC Jeevan Shree-I policy (Table – 162) which I took [was forced to take 🙁 ] in the year 2005. The premium of the policy is Rs. 25300/- per year. Premium paying term is 16 years and policy term is 25 years. When I took this policy I did not know any thing […]