Healthy Insurance Portfolio: Myth About Traditional Policies..!

by Mr. Suresh Sadagopan, Ladder7 Financial Advisories . Remember that insurance is for protection. If that is understood, one will never go wrong Insurance is an area that cries for attention in people’s financial portfolios. As planners, we dread the prospect for the most par…

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Aegon Religare: Flexi Money Back Plus Insurance Plan..!

Aegon Religare has launched Flexi Money Back Plus Insurance Plan, a traditional plan with guaranteed benefits. The minimum entry age is 7 years and the maximum age of entry is 60 years while the maximum age at maturity is 75 years. The minimum sum assured is Rs. 1 lakh, for w…

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Traditional Insurance Policies Sold rose 90%..!, Drop of 80 % for ULIPS...

Indian insurance companies have recorded a huge rise in income from selling traditional endowment products, data from the sector regulator Insurance Regulatory and Development Authority (IRDA) shows, a sign that non-unit linked policies are making a comeback as stock market…

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Traditional Insurance Plans: New Rules Set to Improve Transparency..!

On the inauguration ceremony of an insurance brand past month, finance minister Mr. P.Chidambaram had appealed insurers to come up with simple products & refrain from mis-selling. In his opinion, the reason behind poor growth in insurance sector over last few years has m…

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Reliance Life: Super Endowment Plan

Reliance Life Insurance (RLIC), a part of Reliance Capital Ltd, on recently launched Reliance Life Insurance Super Endowment Plan, a non-linked non-participating plan that offers guaranteed life cover & maturity benefits. Reliance Life Insurance Super Endowment Plan prov…

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Mis Selling in Conventional Policies Also: IRDA Says..!

The insurance regulator IRDA (Insurance Regulatory and Development Authority) has said that life companies have shifted to mis-selling conventional policies after curbs were placed on unit-linked life insurance plans. (ULIPS) The comments by the IRDA its latest annual report…

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Aviva India: Launches Family Income Builder

Aviva India announced the launch of Family Income Builder, a traditional plan in which one pays for 12 years and gets double of what they have paid every year for the next 12 years, guaranteed. Aviva Family Income Builder..! The product also comes with built in waiver of prem…

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IDBI Federal Life Insurance: Double Life Cover & No Medical Tests

IDBI Federal Life Insurance, a pioneer in product innovations in the Indian life insurance sector, announced the launch of IDBI Federal Lifesurance® Suvidha Savings Insurance Plan. The name Suvidha, aptly connotes the convenience of affordable premiums, with no medical tests…

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AEGON Religare Flexi Money Back Insurance Plan

AEGON Religare Flexi Money Back Insurance Plan is meant for customers wary of investing in the volatile markets, looking for a simple insurance plan with guaranteed benefits. This plan offers a life cover that extends beyond the premium payment term; bonus that accrues from…

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Sahara Life India Life Insurance : Traditional life insurance plan for children

Sahara India Life Insurance Co. Ltd., the life insurance company of Sahara India Pariwar &  the first wholly owned Indian life Insurance company in India, has launched a traditional Plan, ‘Sahara Vatsalya Jeevan Bima’, which is aimed at meeting the education requiremen…

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Reliance Life Insurance : Guaranteed Money Back Plan

Anil Ambani Group controlled Reliance Life Insurance  unveiled protection riders for its existing policies. It also launched a new product — Reliance Life Insurance Guaranteed Money Back Plan. This apart, the company will also launch a unit-linked product — Classic II — b…

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Max New York Life: Guaranteed Monthly Income Plan

Max New York Life Insurance recently announced the launch of “ Max New York Life Guaranteed Monthly Income Plan, a unique, first of its kind financial solution, that provides additional boost to the monthly income, with quantum of payout indexed to a benchmark G Sec rate. …

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