Posts Tagged ‘life insurance’

LIC is Best in Claim Settlement IRDA Report

LIC is Best in Claim Settlement IRDA Report

LIC – Life Insurance Corporation of India stands first in claim settlement ratio compare to private life insurance companies in 2013-14. As per IRDA report in 2013-14 life insurance companies had settled total 856622 individual insurance policy claims. Total payout of these claims was Rs 10,860 Cr. LIC settled claim of Rs 8475 Cr in 2013-14 for individual life insurance policies. Total policy count was 746212. Claim settlement ratio of LIC under this category was 98.14%, which is higher compare […]


Do light lamps of financial freedom this Diwali!

Do light lamps of financial freedom this Diwali!

Diwali or Deepavali is popularly known as the “festival of lights,” is a five day festival which starts on Dhanteras, this is the time when everyone wants to buy new cloths, gold, electronics, sweets and other items. In this festival with lots of joys and happiness we decorate house, light lamps and fire crackers. Essence of lighting lamp/diyas on diwali is illuminations of this lighted diyas bring the supernatural brightness and joy with the hope of finding light in darkness, […]


10 ways to reduce your life insurance expense

10 ways to reduce your life insurance expense

Insurance is one of the vital need today hence owning an insurance policy gives a sense of security & sometimes you do not mind in paying a little extra on insurance policy. However, there are ways where you can get the right type of policy with reduction in price. Read further to find out more. The age, health and habits of an individual determine the premium amount to be paid by them for their life insurance. Therefore, a person with […]