Life Insurance Corporation of India announced a new insurance policy called ‘Jeevan Ankur’. This policy on the outlook seems to be aimed at attracting those parents belonging to the age group of 25 to 40 years. The official sales brochure of LIC on this product goes on mentioning that “LIC’s Jeevan Ankur is a conventional […]
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A detailed comparison of ULIPs
Many of the ULIP information seekers have been asking for a comparative article on the existing ULIPs with Guaranteed NAV in the market. In this article you will find the most comprehensive comparison of Unit Linked Insurance Plans offered by various insurers like LIC, SBI Life, Birla SunLife, Bajaj Allianz, Reliance and ICICI Prudential. One […]
LIC Wealth Plus ULIP Review
Today LIC is launching a new plan called “Wealth Plus”, an unit linked insurance plan (ULIP) having a term of 8 years. As usual, here is my review on this plan with inputs from a development officer working with LIC based in Bangalore. On this blog you can also read about other ULIP products available […]
LIC Jeevan Nischay policy review
Life Insurance Corporation (LIC) of India has launched one more new guaranteed single premium plan called Jeevan Nischay. This plan is very much in line with last year’s Jeevan Aastha. This new policy will be sold to ‘existing‘ customers of LIC and will be sold for a limited period until end of March 2010. Yes, […]
LIC Jeevan Varsha – Review
LIC’s Jeevan Varsha is a close ended Money Back Plan with Guaranteed Additions. The plan returns periodical payments as a proportion of Sum Assured at specified durations, on survival during the term of the policy and on maturity. This plan returns full Sum Assured on death irrespective of earlier pay backs. Guaranteed Additions are payable […]