Category Archive: Insurance

May 17

Surrender options in some of the LIC policies.

Jeevan Akshay a popular immediate annuity plan from LIC was preferred choice for several individual’s when the interest rates were lower.The major attraction was that the annuity is constant over the policy period. But when the interest rates offered by the SBI was 9.5 per cent for a ten year deposits it appeared better than …

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May 15

ULIPS, a risk shield for the long- term.

When you buy insurance, you protect yourself against untoward incidents by transferring the risk to a large pool of individuals. If anything happens to you, your family is financially compensated. Unit-Linked Insurance Plans, or ULIPs, changed the way insurance was being sold. Instead of calling it a shield against risk, it was sold as an …

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Apr 20

Insure and be Sure

                 Did you know that the cost of buying an online term insurance policy is 30-40 per cent lower than buying offline? Insurers don’t have to pay commissions to intermediaries and so they charge you a lower rate.   When gold price corrects by 20 per cent people will queue up at Jeweller’s …

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