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Insurance policy is a contract of protection/compensation by the insurer to the insured. It is designed to reimburse or compensate the insured party for the financial loss caused in event of death or damage to merchandise as mentioned in the insurance contract.

Broadly insurance can be classified in two categories:
First - Life Insurance which matures in event of death of the insured/policyholder. On occurrence of such an event the insurance company pays a sum of money assured to the nominee/beneficiary (person nominated by the policyholder). Life Insurances are of two types:
Traditional Plans - which contain Endowment Plan , Cash Back Plan, Term Plan , (Term Life Insurance) and Whole life policy. And Unit-linked Insurance Plans - are of 4 types - Endowment cum Ulips, Children Plan , Retirement Plan or Pension plan and investment/saving plans.
Second - General insurance. All insurance policies other than life insurance policies come under general insurance segmentation. (Also known as non-life insurance policies). These policies include Home Insurance, Auto Insurance, Travel Insurance, Marine Insurance, Theft Insurance, Office insurance and Health insurance
Health insurance is most acquired policy in general insurance segment. Health insurances are of 3 types - Comprehensive Plan - which include Mediclaim and Fixed benefits plan, Accidental Insurance and Critical Care plan .
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LIC VS ANOTHER COMPANY INSURANCE.
By IQBAL on January 5, 2012, 5:12 pm
I JSUT WANT TO KNOW THAT LIC PAY THE CLAIM TO THE CUST OR NOT AND WHAT ARE THE OTHER COMPANY THAT PROMISE TO PAY BUT FIND THEY DO NOT PAY AS THIER TERMS AND CONDITION APPLY.WHY THE PVT COMPANY HAS LOW PRIMIUM AND HIGH ASSURITY AMOUNT AND WHY THE LIC HAVE HIGH PRIMIUM AND LOW AMOUNT AS COMPARE TO THE OTHER'S PLAN.GIVE THE DIFFERENCE AND AVAILABILTY.BEST SUITED.
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investment plan
By Onil on November 11, 2011, 4:51 pm
Would like to know if Future Generali Saral Anand Plan and Future Generali Dream gurantee plan are good plans for investments purpose. please suggest if there are any good plans other than these plans.
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regarding any plan of HDFC
By Nishant Bakshi on September 25, 2011, 10:33 am
Dear Investor and valuable customers ,

I am Nishant and I am working in HDFC Life , Gurgaon as a sales Manager . If anyone looking for any Ulip plan ,child insurance ,term insurance ,pension plan or any other health or life plan then just mark me a mail on bakshin@hdfclife.in and we will arrange a meeting at your place . Kindly mention your good name and your contact number with address . don't trust on agents call just mark us a mail and get the best insurance .. Thanking you all .
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comparison chart
By RM Kulkarni on September 6, 2011, 6:04 pm
Sir, Please forward me the details(inclusive of comparison chart )to demonstrate that how your policies are more benificial than your competitors.
regards
RMK
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Education plan policy
By RAJIVARANJANSINGH on July 7, 2011, 3:45 pm
My son Master Rakshit Ranjan Singh is 6-years old & i need to get child plan policy.i am residing in Bangalore
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Child Plan
By manoj joshi on June 10, 2011, 6:25 pm
Hi,

I am looking for Child Plan for my recently born baby
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please provide list of all ulips
By sagar on March 19, 2011, 2:18 pm
hello,
please tell me where should i get list of all insurance plans & its values
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By manjunath on April 28, 2011, 9:38 am
Hi sagar i am manjunath pls drop me a msg of ur number i will get back to u my number is 8553014565
 
can Kidney transplant person have a Health insurence to cover its medicine cost
By Nirmit Pathak on February 21, 2011, 2:49 pm
I am a kidney transplant patient , my monthly cost of medicine is too high can i bay a health insurance that can cover the cost
i am willing to pay high premium for the same
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By Naina on February 22, 2011, 8:12 am
Hi Nirmit,
I think it comes under critical illness and all insurance companies take preexisting diseases in cover after 2 years of the policy..
Regards
 
TATA AIG MAHA LIFE GOLD DIVIDENT
By YEZDI on December 19, 2010, 7:12 pm
PLEASE LET ME KNOW HOW MUCH TATA AIG MAHALIFE HAS GIVEN DIVIDENT THIS YEAR.

THANKS.
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By Naren on January 5, 2011, 4:05 pm
I have personally bought a Mahalife Gold policy . The non guaranteed dividend rate informed to me by the company is Rs. 21 per 1000 Sum Assured i.e. 2.1% of Sum Assured and guaranteed coupon of 5% of Sum Assured for current year
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By Naren on January 5, 2011, 4:04 pm
I have personally bought a Mahalife Gold policy . The non guaranteed dividend rate informed to me by the company is Rs. 21 per 1000 Sum Assured i.e. 2.1% of Sum Assured and guaranteed coupon of 5% of Sum Assured for current year
 
health insurance star vs sundaram
By balachander on November 19, 2010, 5:58 pm
Many health insurance companies promise,but do they really deliver?I want advise on Star family health optima vs Royal Sundaram,in a hypothetical situation of the need for 5-6 lakhs for hospitalisation.
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Health Saver Plan
By Garima on November 18, 2010, 12:40 pm
I want to know that ICICI Health Saver Plan will come under section 80C or 80D????
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By manjunath on April 28, 2011, 9:40 am
its 80c
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By Neerja on November 25, 2010, 9:10 am
Hi Garima,

Icici Pru health Saver comes under Section 80 D act 1961.

Regards
Neerja
 
AUTO INSURANCE CLAIM
By PRITESH SHEJWADKAR on September 7, 2010, 12:23 pm
my vehicle met with an accident and i have done the claim procedure. Only problem is that since my father has expired 5 years back on whose name the vehicle stand, now the insurance company is refusing to settle the claim saying that insurance transfer has to be done within 3 months. Can somebody hepl me in this matter and suggest the best possible solution.
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By elhard
s on November 14, 2010, 7:31 am
Absolutely with you it agree. In it something is and it is excellent idea. I support you. You are not right. Let's discuss it. Write to me in PM, we will communicate. Very good idea
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By loan calculate
on October 7, 2010, 11:27 am
I can' t but agree.I always wanted to write in my install something like that but I guess you' r faster.
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By mike on September 22, 2010, 5:46 pm
Hi Mate
Thanks for the information that is provided for which it is very help full for us
who are fresher for this field.
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By Naina on September 9, 2010, 3:51 pm
Hi Pritesh,
The chances are less in this case. After the death of policy holder policy laps and company will not give the claim to any other person.
 
term plan
By jeet on September 2, 2010, 1:27 pm
looking for a term plan with refundable
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By Ajay on November 5, 2010, 11:46 am
Hi LIC HAS GOT I GOOD TERM PLAN WITH REFUND.
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By Team Bimadeals.com on September 9, 2010, 3:45 pm
Hi Jeet,
Pls post your request on http://www.bimadeals.com/life-insurance-india/apply-online.php
represntative will get in touch with you.
Regards
 
Looking for a good growth children plan
By Ram on August 4, 2010, 9:31 am
HI,
I am looking for a good growth children plan for my son who is 3yrs old. Which is better plan icici smartkid or hdfc young star or aig.

Appreciate your response and advice.

Thanks,
Ram.
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By ravi on February 9, 2011, 6:34 pm
FUTURE GENERALI CHILD PLAN IS VERY GOOD plan
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By anil kalra on January 19, 2011, 9:43 pm
you can also look into the plan of aegon religare
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By Team Bimadeals.com on August 14, 2010, 3:13 pm
Dear Ram,
Pls post your request at http://www.bimadeals.com/life-insurance-india/apply-online.php
Our representative will get in touch with you.
Regards
Team Bimadeals.com
 
pension plan
By hhiren dholakia on July 29, 2010, 10:50 am
Dear Sir,
I have read your message on front page of bima deals. you have written that by investing rs. 4000/- p.m., you will get rs. 50000/-p.m. as a pension.
So I request you how will | get this scheme ? pl. show me the full details about this scheme.

thanking you

hiren dholakia
pl. reply me in my email id also.
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By Ajay on November 5, 2010, 11:51 am
Sir it is possible to get 50000 monthly pension by investing 4000 per month that from a trusted brand LIC . Pls contact me on 9476080345. Yours ajay lic
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By Ajay on November 5, 2010, 11:50 am
Sir it is possible to get 50000 monthly pension by investing 4000 per month that from a trusted brand LIC . Pls contact me on 9476080345. Yours ajay lic
Reply
By Team Bimadeals.com on July 30, 2010, 9:40 am
Dear Hiren,

Plz post your request on http://www.bimadeals.com/life-insurance-india/apply-online.php. Representative will call you and explain you the scheme.
Regards
 
Investment Plans
By Neerja on July 22, 2010, 12:18 pm
My Age is 25 Years. I want to invest a good amount in insurance can you suggest me what all plans are currently doing good in market ?
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By V Reddy on November 5, 2010, 8:20 pm
Hi,

Neeraja, can you pls provide me your city of residence and contact ID or Number. I shall discuss with you on the your requirements,
Reply
By Team Bimadeals.com on July 27, 2010, 9:14 am
Dear Neerja,
Plz post your request on http://www.bimadeals.com/life-insurance-india/apply-online.php. Representative will get in touch with you and provide you the information.
Regards
 
Performance of ULIP MFs
By Ganapathy on July 4, 2010, 1:12 pm
How have the plethora of funds run by various Insurance companies performed over the years? Can you publish a list showing their performance over various time periods - last one month, last one quarter, last one year, last three years, last five years etc.??
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health insurance
By sekhar dey on May 17, 2010, 6:23 pm
Please suggest me what type of insurance is needed for me and my wife to go through.My date of birth was 05-07-1977 and my wife birth was 19-08-1983.
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By Bad credit loan on July 27, 2010, 10:19 pm
This is an interesting article. Thanks for sharing.
Reply
By Reema on June 28, 2010, 2:17 pm
You can go for Family floater policies offered by different companies. Collect information about which insurance companies having the tie up with all your near by hospitals & what all expanses they are covering in the policy pre- hospitalization & Post hospitalization both.
Thanks

Reema
 
Tata-AIG Mahalife Gold
By Rupesh Desai on April 20, 2010, 10:01 am
Hi all,
Would like to introduce me as a Sr. Advisor for Tata-AIG Life Insurance Co. Ltd. Tata Mahalife Gold is the policy which can give you lifetime guaranteed income. Invest systematically for a period of 15 years and see the difference. Start getting dividend income from 6the year onwards. Call me for more details and an appointment.
Regards,
Rupesh
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By Sujib Sarkar on July 28, 2010, 9:44 am
Plz. Detail Tata-AIG Mahalife Gold yearly premier and others details information
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By nitin on July 11, 2010, 10:59 pm
if i would like to pay premium for 3 years.and how much i get if i pay 50,000 year for 3 years, after 6th year. age is 20.
 
OnLife Insurance
By Tanushree on April 14, 2010, 10:41 am
Please help me what are the features of a Good Life Insurance Plan?
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By Team Bimadeals.com on April 14, 2010, 4:42 pm
Dear Tanushree,Please post your request at the given link http://www.bimadeals.com/life-insurance-india/apply-online.php and representative from various banks will get in touch with you.
 
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