Life Insurance generally provides financial coverage to specified beneficiaries upon the death of the insured individual. It involves a contract providing for payment of an assured sum of money to the person insured.
• Understand ULIPS & its Charges
Unit Linked insurance plan provides the combination of insurance with investments. It has the double benefit of providing a RISK cover and investing in stock markets.
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• ULIPs Systematic Insurance cum Investment Plan
Any individual who has purchased a life insurance policy in the last year or so surely would have a Unit Linked Insurance Plan. ULIPs have been selling like Wonder Products Read More
• Ulips may gain easier prudential guidelines
The Insurance Regulatory and Development Authority is set to ease the prudential exposure limits for unit-linked insurance products to avoid over-regulating the segment, a top regulatory official said. Once operational, the guidelines will offer more flexibility to insurance companies in the investment of Ulip funds. Read More
• Savings scheme for urban women launched
Coinciding with the International Women's Day, a private insurer on Saturday launched a savings scheme called 'Empowered Women' for urban women here. Read More
• Insurance cos want to float Ulip infra bonds
Life insurers have proposed that they be allowed to float ULIP infrastructure bonds to raise long term resources for the core sector. Other items in industrys budget wishlist include allowing them to carry forward losses for 12 years and new tax breaks for policyholders Read More
• Insurers sniff a bargain, buy premium cos at a discount
Life insurance companies are making the most of the stock market fall to buy those fundamentally strong shares whose valuations have turned attractive after the fall. Insurers across the board have been buyers and have purchased close to Rs 2,000 crore in the past few weeks since the Sensex began its descent. Read More
• Bharti AXA life insurance forays into pension segment
Bharti AXA life insurance, a joint venture of AXA, a global financial service provider and Bharti group, on Thursday announced its foray into pension segment with the launch of its 'Dream Life pension'. Chief Finance Officer of Bharti AXA, V Srinivasan, announcing the launch, told a press conference in Chennai the scheme was basically meant for early planners who thought of retirement in their thirties. Read More
• Essentials of Life Insurance
Life Insurance supports and holds your entire family during the doleful and unhappy moments of life when there is an urgent need of finance in ones family, making your life simpler and tension free with protection against the risks of life. Read More
• Life Stage Based Analysis
The need for Life Insurance varies with the stages of ones Life, Few factors are listed which can help you in identifying how much insurance is required during different stages of your Life. Read More
• Birla Sun Life tops in claims settlement
Aditya Birla groups life insurance arm Birla Sun Life Insurance is the best at claim settlement among other private life insurers in the country, according to the 2007 survey by US-based Life Office Management Agency (LOMA). Read More