Insurance money and tax

People say to calculate Insurance based on your goals and needs. Let me assume my family will need 50lakh in my absence to cover the expenses and meet other goals. Now if i die after 5 years.Insurance company gives 50lakh to my family ,this amount is taxable right? if yes the tax above 10 lakh […]



HELLO GUYS, Can anybody or company guys explains the best proved ways for taking term plan/mediclaim and investing option for NRIs? I hope here we will get all related answers for NRI insurance planning & investing options. Example of que: Are the NRI eligible to Open PPF account? Which companies are providing Term Plan / Health […]


Term Insurance – From whom to buy???

Hi, I am 26 years old, need an insurance cover of around 90 lacs and want to buy term insurance. I have already bought Jeevan Amulya from LIC for a cover of 30 lacs (Yearly premium – 9,270 for a term of 35 Yrs). I want to split the remaining amount of 50 – 60 […]


Life Insurance Preferences of people

What does a person look for while going for a Term Insurance??… a) Lower Premium Rates (for that matter does 500-1000 rs matter to go for a cheaper plan) b) Company Reputation c) Ease of Issuance d) Claim Ratio of the company


Term insurance with critical illness rider?

Is there any term insurance policy with critical illness/disability rider (life cover plus some amount if diagnosed with any critical illness)? Can you please suggest if there are any? eg. if I need 30 lakh life cover, and 5 lakh in case of critical illness.


Term insurance plan

Sir,  My age is 49 years. Now I  want buy one term insurance plan for 10years with a value of Rs.20.00 Lakhs. Will kindly suggest the best term insurance policy.                                                                                          Lakshman


Child Insurance Plan

Is there any good Child Insurance Plan for her/his future education from LIC or any other companies? 


Are Private Life Insurance Worth?

Are Private Life Insurance Co. performing good Job for Indian Public or just making a great money for themselves? Are they fulfilling their social Responsibitlity? Are Private Co. worth for Investing for 20 – 30 years Horizon? Are Private Co. Plan making benefits for Indian masses as on todays Date When ULIP Guidelines have been […]


How Accidental Life Insurance differ from Regular Life insurance?

While I was reading about ICICI Prudential “iProtect” Term Insurance, came across two options, Regular and Accidental life insurance. What are the differences between them? If somebody takes a Regular Life Insurance and passes away in an accident, wouldn’t the insurance company pay for beneficiary? (If this questian sounds silly, bear with me )


Should Term Insurance without riders be considered ?

I would like to know the reason why a term insurance without any riders should be considered ? Is there a situation where someone would like to take it ?  


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