10 Tips to reduce Term Insurance Premium

Whenever you want to buy a term insurance policy you make a comparison of features, premium, and riders and purchase the policy. Do you ever try to negotiate term insurance premium rate? The answer is NO, Why? Because term insurance premium is fixed based on your age. However, it is possible to reduce term insurance premium if you follow the tips given below. 10 Tips to reduce term insurance premium 1. Start at Young Age In order to reduce premium […]

My LIC & LIC Customer New Andriod App by LIC

LIC most trusted insurance Brand in India has launched My LIC Andriod App. This app is a replacement for old LICMobile App. This app provides all information about LIC products and services on fingertips. This app also provides options for viewing LIC products, premium payment, Premium comparison and many more features. It is declared that My LIC is an official Android app from Life Insurance Corporation of India. MyLIC is a play store of LIC which allows you to download […]

Health Wallet by Apollo Munich – Should you purchase?

Health Wallet is a new health product introduced by Apollo Munich. Health Wallet is an interesting product where you can store money and also earn interest income. Money stored in Health wallet can be used for spending on health-related expenses. The unused corpus in a year will be carried forward to the next year. The prime aim of this product is to generate big health fund for the family. In this post, let’s review Apollo Munich Health Wallet in detail. […]

IRDA Claim Settlement Ratio – Best Insurance Companies

One should check the Claim Settlement Ratio before buying any life insurance policy. A Claim Settlement Ratio of life insurance company can be found in IRDA (Insurance Regulatory Development Authority) annual report. The annual report of IRDA for the year 2016-17 is released recently. LIC is once again topping the chart in terms of claim settlement ratio for the year 2016-17. Let’s try to look at claim settlement ratio and other important data given in the Annual report of IRDA. […]

LIC Jeevan Shiromani – Moneyback Plan | Features Reviews

LIC of India has proposed new money back plan LIC Jeevan Shiromani from 19th December 2017. LIC Jeevan Shiromani (Plan 847) which, can be defined as a non-linked, money back, limited premium payment guaranteed addition plan. It is a unique plan specially designed for HNI (High Net worth Individuals). This plan provides financial support for the family not only in case of death of Life Assured during policy term but also provides coverage for the critical illness. Let’s have a […]