Introduction The Life Insurance Corporation of India (LIC) has been a cornerstone of the Indian insurance sector for decades. With a mission to provide life insurance to every citizen, LIC has introduced numerous schemes aimed at different segments of society. One such innovative initiative is the Bima Sakhi Yojana, designed to empower rural women by … Read more
Today in this article we will discuss the LIC’s SIIP ULIP Plan which was launched by LIC (Life Insurance Corporation) of India on 2nd March 2020. This is a ULIP Plan. If you don’t know what is ULIP Plan then I have written a detailed article on what is ULIP Plan? Please read that one … Read more
There is no certainty and an unfortunate event may completely change your life. You may have a home loan, education expenses of your children, and other liabilities over and above your regular monthly expenditure. Have you considered what may happen to your loved ones if you are suddenly no longer around to take care of … Read more
In India, there is no one who has not heard about the Life Insurance Corporation of India (LIC). It is the largest Indian insurance and investment company in India. It was founded in 1956 by the Parliament of India as the LIC ACT. You must be wondering what LIC is doing? what are the functions … Read more
There are confirmed cases of Coronavirus in India till 4th March 2020. Thus the regulator IRDAI on 4th March 2020 had asked the insurance companies to come u with the insurance policy, especially for coronavirus. While searching insurance policy on Google, I found only 1 company that has come up with the insurance plan. Today, … Read more
Health insurance is a necessity in today’s world, with the rising costs of medical treatments and hospitalization. With the increasing demand for health insurance, there are various policies available in the market that offer different benefits and features. Hence, choosing the right health insurance policy can be a challenging task. In this blog post, we … Read more
From where do I start? OK, let’s start with the good news. The Life expectancy at birth has jumped up from 59.7 years in 1990 to 7.3 years in 2016 for females and 58.3 to 66.9 years for males. With the rise in the life expectancy communicable diseases are impacting less, but at the same … Read more
While you are turning 30, you have a complete family to look after or may even plan to introduce another member in your family. This not just brings you happiness, but also great responsibilities. Hence, it is very important for you to stay healthy, if you’ll be healthy, you’ll be able to care for and … Read more
Still investing in ULIP for a tax benefit? In the union budget 2018 there is a levy of 10% long-term capital gain tax on earnings from equity. Insurance companies are taking full advantage of this new tax rule and pitching ULIPS to people for tax saving. But check this points before you actually take the … Read more
LIC Tech Term (Table 854) is the new term insurance policy which is finally launched. It is going to be a non-linked pure life insurance policy. Looking at the various features and benefits of LIC tech term, this one looks promising and best in the market so far. The icing on the cake, the policy … Read more
LIC Bachat Plus Plan 861 is the newly launched plan by LIC. It is a dual plan of insurance protection and saving. It is a non-linked, participating, individual & life assurance savings plan. It provides financial support to the family of the deceased any time before the maturity of the surviving policyholder. The policyholder can … Read more
What comes in your mind when we talk about life insurance policy in India? Most of us would think about Life Insurance Corporation (LIC) as it is one of the oldest and most trusted life insurance policy provider in India. In this article, we will discuss Best life insurance company in India. This analysis is … Read more
There is a lot of personal accident insurance policy available in the market. All these products have one or another unique benefits and features. It becomes very difficult for the individual to choose the right product out of the heap of schemes. So with the objective of having a standard product with common and basic … Read more
As you start earning, you will get your first salary. You must be thinking what is to be done with the first salary. Here your financial planning start. Congratulation! On your first step towards your financial journey. People generally save the money from their first salary, as they are not much aware of what to … Read more
Parenthood is a very important stage for a couple after they get married. The man becomes more responsible towards his family and on the other hand, a woman tries to adjust to the new environment and people. A lot many changes takes place for the couple but becoming a mother is truly a magical journey. … Read more