Mutual Funds (MF) are one of the best investment vehicles to create wealth in the long run. And Systematic Investment Plan (SIP) the best way to invest in them. What if the Mutual Fund companies start offering free insurance with MF SIPs in their schemes! According to me it’s an excellent opportunity to start doing […]
Birla Sunlife Century SIP: Free Life Insurance with Mutual Fund Read More »
Below is the chart showing lowest online term life insurance premium for a particular age for different insurance amount. The tenure of insurance is 60-(age at time of taking insurance). So for 30 Years aged person the insurance tenure is 30 Years, for 40 years age its 20 years and for 50 years age its
Cheapest Online Term Life Insurance Plans in India – April 2012 Read More »
With start of new financial year 2012-13, a lot would change from today in personal finance space. Here is the list. Good News: Increased Interest on Small Savings Scheme like PPF, NSC, etc: The government has increased interest rates on post office deposits like PPF, NSC, Fixed Deposit, Recurring Deposit, and Senior citizen Scheme in
Claim Settlement Ratio is probably the most important factor while buying insurance. This becomes even more critical for Life Insurance as you would like your dependents to run pillar to post to claim your sum assured in case of unfortunate death. The recently published Insurance Regulatory And Development Authority – IRDA Annual report 2010-11 has the
Life Insurance – Claim Settlement Ratio – 2010-11 Read More »
LIC had launched single premium life insurance plan – LIC Jeevan Vriddhi, which has death benefit of 5 times the single premium. With the new rules on Life Insurance in Budget 2012, the minimum death benefit should be at least 10 times the annual premium paid. This rule is however effective from April 1, 2012. So
