Category Archives: India

LIC has always been sensitive to the changing aspirations of its customers and thusbrings out different products from time to time to cater to those needs . Close on the heels of Jeevan Aastha, whichwas a runaway success, our latest … Continue reading →

Max New York Life Insurance has announced a strategic partnership with 3i Infotech to market its Max Vijay Insurance Savings box. The tie-up with 3i Infotech will enable Max Vijay to expand its reach to consumers in remote rural areas, … Continue reading →

There’s some compelling evidence whu Term Insurance is the best. Here it is: I have often pointed out and will do so once more —- I am not in favour of any plan from any insurance company that seeks to … Continue reading →

I want to invest in an insurance plan. While going over the key features, I came across the term “paid-up policy”. What does it mean? If a policy is declared paid up, does it impact the sum assured? If the … Continue reading →

Unit Linked Insurance Plans (Ulips) known for their confusing charge structures and terminologies varying between insurance companies will soon be standardised across insurers. The move will allow a policyholder to know the premium amount he has lost to an insurer as … Continue reading →

Mint features a Q&A on insurance every Monday. My brother had taken a unit linked insurance policy (Ulip) two years ago. He recently realized that he can make a partial with drawal or surrender the policy af ter a three-year … Continue reading →

Star Union Dai-ichi Life Insurance Company Ltd., a joint venture of Bank of India, Union Bank of India and Dai-ichi Life of Japan is all set to begin its operations shortly. The Company filed its application for R1 license in … Continue reading →

Life Insurance Corporation of India has tied up with an insurance portal Policy Bazaar.com to sell its policy Jeevan Aastha online. The consumers would now be able to get the details of the policy online and make purchases, a press … Continue reading →

I am 33 and am planning to buy a life insurance plan. How can I add to my insurance against an accident or a fatal mishap? Rajesh Relan, Managing Director, Metlife says, Most companies will offer riders on your base … Continue reading →