LIC’s New Pension Plus: 12 things to know about the Pension scheme..!

LIC's New Pension Plus: 12 things to know about the Pension scheme..! Life Insurance Corporation of India (LIC)  has introduced new pension plan , LIC New Pension Plus 867. 1. Individual pension plan that helps build a corpus by systematic and disciplined savings. 2. LIC new …

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Pradhan Mantri Vaya Vandana Yojana 2.0: Senior citizen’s Safe Scheme Extension until March 31, 2023

Pradhan Mantri Vaya Vandana Yojana 2.0: S enior citizen’s Safe Scheme E xtension until March 31, 2023 There are many investment schemes for senior citizens in the market. One good scheme — the Pradhan Mantri Vaya Vandana Yojana (PMVVY) - which gave pension benefits at a reaso…

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Pension4life Plan, an annuity plan for individuals.

Pension4life Plan, an annuity plan for individuals. Canara HSBC Oriental Bank of Commerce Life Insurance has launched Pension4life Plan, an annuity plan for individuals. The plan offers customers seven annuity options, including the joint life option for both husband and wi…

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HDFC Life Sanchay Plus : Guaranteed Income..!

HDFC Life Sanchay Plus : Guaranteed Income..! HDFC Life has launched HDFC Life Sanchay Plus. It is a non - participating, non-linked savings plan.  It offers four benefit options including guaranteed maturity, guaranteed income, life long income and long term income.

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LIC Jeevan Shanti Guaranteed Pension Plan – Should I opt?

LIC Jeevan Shanti Guaranteed Pension Plan – Should I  opt? Plan This is a single premium plan wherein the Policyholder has an option to choose an Immediate or Deferred annuity. The annuity rates are guaranteed at the inception of the policy for both Immediate and D…

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Endowment Life Insurance Policy – Hedging Risks and Protecting Returns..!

Endowment Life Insurance Policy – Hedging Risks and Protecting Returns..! Endowment policies cover the best of both insurance and investment under a common umbrella. Contrary to previous belief that such type of policy is meant only for the super-rich, endowment plans are sl…

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Umang', a plan that offers cover up to the age of 100.

LIC's Jeevan Umang- which covers life up to 100 years..! Life Insurance Corporation of India  (LIC of India) recently launched `Jeevan  Umang', a plan that offers cover up to the age of 100. The policy offers annual survival benefits from the end of the premium-paying…

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GST & its Impact on Insurance Polices..!

GST & its Impact on Insurance Polices..! By Mr. Naval Goel, PolicyX.com The Lok Sabha, on 8 August, 2016 passed the long overdue Constitution (122nd Amendment) Bill to roll out the Goods and Services Tax (GST), with 443 lawmakers voting in favour of the legislation, and AI…

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