on January 2, 2013 ·
Today, India’s largest insurer LIC has launched two plans 1. Flexi Plus (Table No.811) and 2. New Jeevan
Nidhi (Table No.812). First plan is Flexi Plus which is good for those who want to invest in ULIP based
policy. while New Jeevan Nidhi is a pension plan.
Flexi Plus not only provides a lump sum benefit on death but also the maturity benefit irrespective of
survival of the policyholder. The [...]
on May 21, 2012 ·
LIC has launched yet another single premium investment cum insurance plan “Jeevan Vaibhav”. LIC has launched similar plans in recent year with little modification in term and Sum assured.
LIC Jeevan Vaibhav is a close ended plan and its available for sale from today 21st May 2012 for a maximum 120 days. Anyone who wants to invest a lumpsum amount can avail the policy from nearest LIC branch [...]
on March 17, 2012 ·
Jeevan Vriddhi is a new product launched by Life Insurance Corporation of India (LIC), in order to attract customers. Even though, there are similar plans existing in the market, LIC’s Jeevan Vriddhi will rule the market because of its influence over the market.
Jeevan Vriddhi, a single premium traditional plan, was brought for the customers who wish to save their tax by investing in different plans. [...]
on June 1, 2011 ·
LIC of India, one of the most consistent companies from years. It has come up with a new health insurance plan named Jeevan Arogya, a non- linked plan, from June today (June 1, 2011).
The benefits and features of this plan seem to be very unique. It offers complete hospitalization benefits for the entire family. An additional benefit which is been added to this plan is, that it also offers to cover [...]
on April 12, 2011 ·
I don’t have money! There are taxes to be paid, loans to be paid off, house rent, phone bill, electricity bills, water bill how will I manage? Do you feel tearing your hairs after you have no more source of income going to help you in any way? The only answer is no. Every person dreams about success, money but you always forget the future. In the present condition, every other person earns and is [...]
on February 27, 2011 ·
Life Insurance Corporation of India launched another Highest NAV Guarantee ULIP Plan called “LIC Samridhi Plus”.
LIC Samridhi Plus is similar plan like LIC Wealth Plus that offers Highest NAV Guarantee in next 100 months.
Samridhi Plus has fixed term of 10 years while policy holders will have to pay premium for 5 years only. Apart from yearly premium you can also go for single premium [...]
on February 16, 2011 ·
State Bank of India has always been one of the most successful and approved bank to offer all kind of bonds. It offers different rates for everyone including a retailer as well as a non-retailer. In this case, the investors get a chance to make gains; as such bonds are listed at a fixed premium rate for a specified period. It is observed that, SBI has been consistent in providing good returns on the [...]
on February 3, 2011 ·
Life Insurance Corporation of India (LIC) launched 2 new non linked guaranteed return plan on Wednesday. These are the first Variable Insurance Plans under the new IRDA regime. Bima account offers 6% guaranteed minimum return over your investment.
Bima Account 1
Bima account 2
The new LIC Bima account plans are very simple and offers liquidity.
Both the plans are similar and only few [...]
on January 17, 2011 ·
IDFC to issue second tranche of tax-saving long-term infrastructure bonds.
IDFC has announced to issue second tranche of tax-saving long-term infrastructure bonds. IDFC Infrastructure Bond Application form will be available from 17 January 2011 to February 4th 2011. IDFC aims to raise Rs 2,928 crore via long-term infrastructure bonds.
The profile on the each series of bonds under the second tranche [...]
on December 16, 2010 ·
Life Insurance Corporation of India (LIC of India) is about to launch its much awaited Infra bonds. LIC is allowed to issue infra bonds worth 25% of its last years investment. LIC is expected to generate Rs.5000 crores from the infrastructure bonds. Earlier LIC has given hint that they will be launching infra bonds by end of 2010 but it seems they wont be able to launch it until January 2011. According [...]