Aditya Birla Sun Life Insurance Income Shield Plan – Review, Features and Benefits

Everyone wants to protect the future of their families after them and it can be only possible through a life insurance plan. Therefore, the Aditya Birla Sun life insurance has introduced a plan that will help you to secure the future of your family and loved ones after your demise. The name of the plan is ABSLI Income Shield Plan that is especially for entrepreneurs and salaried individuals. This plan ensures your family to provide a monthly salary after your death. It is now time to give your family the shield they deserve to protect their dreams. Features of this […] READ MORE

LIC New Bima Bachat (Table 916) – Review, Features and Benefits

LIC’s New Bima Bachat is a participating non-linked savings cum protection plan, where the premium is paid in a lump sum at the outset of the policy. It is a money-back plan which provides financial protection against death during the policy term with the provision of payment of survival benefits at specified durations during the policy term. In addition, on maturity, the single premium shall be returned along with Loyalty Addition, if any. This plan also takes care of liquidity needs through its loan facility. Features of this Policy – (Table 916) This policy is a single premium policy with […] READ MORE

Aditya Birla Sun Life Insurance Life Shield Plan – Review, Features and Benefits

Protection needs differ from one family to another. There is no one in all policy which will be the same for everyone. Be it joint life protection with your spouse, increasing or decreasing term assurance option, waiver of premium benefit in case of total permanent disability or critical illness on the return of premium option, you need a policy that delivers future security for your family in the way you prefer. Aditya Birla Sun Life Insurance has come up with Term Plan named ” Aditya Birla Sun Life Insurance (ABSLI) Life Shield Plan” which offers you the flexibility to make […] READ MORE

LIC SIIP (Table 852) – Review, Features and Benefits

LIC’s SIIP is a unit-linked, non participating, regular premium, individual life insurance cover which offers insurance cum investment cover throughout the term of the policy. The policyholder has a choice of investing premiums in one of the 4 types of investment funds available. Each premium paid, after deduction of premium allocation charge, will purchase a unit of fund type chosen. The unit fund is subject to various charges and the value of units may increase or decrease, depending on the net asset value (NAV). Features of this Policy – (Table 852) This is a ULIP (unit-linked insurance policy) policy which […] READ MORE

LIC Tech-Term (Table 854) – Review, Features and Benefits

LIC’s Tech-Term is a Non-Linked, Non-participating Online Pure Risk Premium Plan which provides financial protection to the insured’s family in case of his/her unfortunate death during the policy term. This plan will be available through the online application process only and can be purchased anytime, anywhere at your convenience. Features of this Policy – (Table 854) a) Flexibility to choose from two benefit options: Level Sum Assured and Increasing Sum Assured. b) No Loan facility is available under this policy. c) Flexibility to – Choose from Single – Premium, Regular Premium, and Limited Premium Payment Choose the Policy Term/Premium Paying […] READ MORE

LIC New Jeevan Mangal (Table 940) – Review, Features and Benefits

LIC’s New Jeevan Mangal is a Non-Linked, Non-Participating, Individual, Life, Micro Insurance Term protection plan with a return of premiums on maturity, where you may pay the premiums either in a lump sum or regularly over the term of the policy. This plan has an in-built Accident Benefit which provides for double risk cover in case of accidental death. Features of this Policy – (Table 940) Flexible Policy Term – Individuals can choose a policy term ranging from 1 to 15 years under the Regular Premium mode and 5 to 10 years under the Single Premium Mode. Multiple Premium Payment […] READ MORE

Star Cardiac Care Insurance Policy – Review, Features and Benefits

We as human beings always fear when something is not good with our health. And when there is some specific illness then we get more concerned regarding how will the medical expenses be arranged in these times. As the cardiac-related disease are now more common, it is now time to be fully prepared beforehand so that if we get such type of disease then we are prepared beforehand mentally as well as financially. Now, is the time to relax because Star has come up with a health insurance policy specifically for “Cardiac Care” known as “Star Cardiac Care Insurance Policy” […] READ MORE

Star Comprehensive Insurance Policy – Review, Features and Benefits

Star Comprehensive is a one in all health Insurance Policy which takes care of all the hospitalization expenses of the insured person. This policy offers an extensive range of benefits for eliminating healthcare-related worries. This policy is available on both an individual and family basis. Features of this policy – Term of Policy – 1 and 2 yrs. Sum Insured Options – 5 lac, 7.5 lac, 10 lacs, 15 lacs, 20 lacs, 25 lacs, 50 lacs, 75 lacs and 1 crore. No pre-acceptance medical screening required. No capping on room rent. The policy also covers complex medical procedures. Mid Term […] READ MORE

Star Health Gain Insurance Policy – Review, Features and Benefits

Star Health Gain Insurance Policy is a complete health insurance and tax saver policy that covers medical expenses incurred by a person due to any illness or injury. This policy has various benefits such as tax benefit, no exit age, out-patient and in-patient expenses, etc…. Features of this Policy – Term of the policy – 1 yr Sum Insured – Rs 1 to 5 Lacs. No exit age in the policy Policy can be renewed for life long Out-patient and In-Patient Cover Flexible-Premium Options The basis of the policy is individual as well as a floater. All daycare procedures are […] READ MORE

LIC Jeevan Umang – Review, Features and Benefits

LIC’s Jeevan Umang Policy is a combination of income and protection to your family. This plan provides for annual survival benefits from the end of the premium paying term till maturity and a lump sum payment at the time of maturity or on the death of the policyholder during the policy term. This policy also takes care of the liquidity needs through a loan facility. Features of this policy – Loan Facility is available Optional Rider Benefit Term of the Policy (100 – entry age) years This policy also offers a simple reversionary bonus as well as the final additional […] READ MORE

FREE Financial Health Checkup

Take up a detailed 25 questions financial health checkup to find out how much you score out of 100?

Archives