Insurancesathi.comFree Financial Planning Workshop
Insurancesathi.com is happy to announce the first of its kind workshop on financial planning for Bangalore citizens. This workshop would enable you to plan accurately for your family’s security, children’s education and personal retirement needs. The workshop can be conducted anywhere as per your convenience and will be on individual basis. The total workshop is [...]
What is ULIP
What is ULIP? ULIP stands for Unit Linked Insurance Plans. In short if I need to explain as to what is ULIP, then I would say that it is an investment oriented Insurance plan where in the policy holders money gets invested in the market. By Market it doesnt mean stock/share market alone. It will [...]
After telecom, comes mediclaim portability!
Come October 2011, health Insurance customers can switch their Insurance provider. The final guidelines were issued by IRDA yesterday. Some of the key points to consider 1) In order to switch the provider, the policy needs to be more than 45 days from the lapsation date. 2) The general policy terms of the new provider [...]
Syndicate Bank to invest in Aviva India
Latest sources confirm that Syndicate bank will invest upto 30% in Aviva Life Insurance Company. It is still not clear whether Existing shareholders will divest their shares or new capital would be infused. Whatever the scenario, Aviva is expected to benefit in a big way with this investment. Syndicate bank has around 1500 branches in [...]
Honesty is the best policy!
Honesty is the best policy!!!!, especially when it comes to Insurance. I find it very sad to see most of the Insurance policies are sold without the advisor even collecting the basic information. All that is done is that the advisor gets a signature on the proposal form, and collect id & address proof!!! They [...]
Should you go for the cheapest term Insurance today?
Should you go for the cheapest term Insurance today? Life Insurance companies are becoming very competitive today with almost every Life Insurance company today coming out with new term Insurance plans which are cheaper than the competition. As a natural tendancy, people tend to go for the cheapest premium plans. This has big risks. 1) [...]
ULIP V/S Mutual Funds
• Expenses:In the long run, charges in ULIP are much lower than Mutual funds. • Tax benefits: ULIP provide benefits under 80c and 10( 10) D. • Return on Investments: In the long run, ULIP’s deliver better returns than Mutual funds. However this again depends on fund performance. • Financial Descipline: Since ULIp’s have a [...]
Insurance Riders
Riders are typically additional benefits that can be added to your base insurance policy to enhance your insurance cover at a relatively lower cost. Some of the reasons why you should consider taking up riders along with your insurance policies are: • Low Cost: Riders help you meet your needs for financial protection and enhance [...]
Why Health Insurance?
Benefits of going in for a proper Health Insurance policy that covers you and your family is very essential today. • Do not worry about hospital bills or doctor fees. • Do not worry about major surgery expenses. • Enable you to get access to the best hospital and medical facilities. Some insurers provide additional [...]
Why Term Insurance?
Term Plans are low cost Insurance plans that provide a lumpsum amount in case of unfortunate death which will make good the financial loss incurred by the family. Certain things to consider in choosing the appropriate life cover • Your current loan outstanding. • How much money your family would require to replace your income [...]