Sir, I am 29 year old and  planning to buy term insurance for one crore rupees covering two of my dependents. Please suggest me,is it advisable to buy from a single company?or shall i diversify? Like I planned 50 lac each dependent. Out of 50 lacs i planned to buy 30 lacs term insurance from […]

Retiring Next year, Compulsive membership of  LIC  Group Super Annuation. Total  Amount  @1800000, Can  I get  entire amount without any Pension and  willing  to  pay  Income  Tax ? Need it for  purchasing  a  Flat. Many Thanks.

Sir, I have Kotak Mahindra money back (UNI-107N003V01) insurance plan (25 yeaars) which was commenced on 2010 at my 36 year age. I am confused to continue this policy. The yearly premium is RS.20,309/- and assured sum is Rs.3,17,536/-. Next year I will get first survival benifit of Rs.47,630/-.             Previous year, I took pure […]

Hi Geeks, I have taken ICICI term insurance 3 years ago and I am paying the premium on Aug month. This year I did not want to renew as I have taken new term insurance plan with Reliance. In Reliance term insurance, I mentioned that I have taken ICICI term insurance but going to discontinue […]

I am currently an NRI working in USA. I got enrolled in to an LIC policy called Jeevan Tarang during my last trip to India. I love this policy as it provides security to my family, bonus at maturity and also helps during my retirement through survival benefits which pays yearly 5.5% of the sum […]

One of my neighbor’s forced me to take this policy and I had taken this policy in march 2011. I also continued to pay the premium amounts regularly in 2012,2013,2014. Is this ok to surrender the policy or continue this? Please advise.

If someone purchases SBI Rinn Raksha policy, is it required to show previous policies into it as Rinn Raksha policy is also related to life? If yes, since this is part of group policy and individual has no section in it, then how to do it? Has anyone done this? Now, next scenario, if after […]

Sir, My age is 33, married with no children. Annual income of 900000 . I feel I’m paying way too much towards my Insurance per year. Still under insured please help. Jeevan Anand -Term 20yr (bought in 2009) Sum Assured -1000000 and Premium paid per year-53547 Jeevan Tarang -Term 20yr (bought in 2009) Sum Assured […]

Dear, Thanks for this wonderful platform to share our thoughts. I have 16 LIC Jeevan Anand Policies (1 – 1.8 lacs, total sum insured 25 lacs) from last 4 years.  Premium is 65 thousand per annum. Agent suggested me that it is like insurance + pension plan. Each policy will mature after the age of […]

The government has recently revived the “VARISHTHA PENSION BIMA YOJANA” for senior citizens. Minimum and maximum payment is Rs. 66,665/- and 6,66,665/- respectively, which gives a pension of Rs. 500/month and Rs.5000/month respectively. I need to know 2 things. 1. How do you rate this plan and please share its pros and cons. 2. Is […]