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Tax Benefits On Life Insurance Policies Under Section 80C

At the end of every financial year, most of us find ourselves planning our finances and browsing different options to save tax under various sections of Indian Income Tax Act. If you are also one of them and are looking for some tips to save your hard earned money, then we are here to help you. All you need to do to …

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LIC Bima Diamond Plan: Features & Benefits

On the occasion of its Diamond Jubilee, state-run LIC (Life Insurance Corporation) announced its LIC Bima Diamond Plan in September 2016.  The Bima Diamond Plan is a non-linked, with profits,  limited premium payment money back plan. It is a close ended plan and will be available till August 31, 2017. What are the features of LIC’s latest plan? How will this …

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Health / Medical Insurance Policy: Definition, Benefits, Types, Processes, Sum Insured And More

Managing finance has become a strenuous task nowadays, which is one reason why people want to keep themselves secure from any unforeseen expenses. Talking about unexpected expenses, health is one of the important aspects which needs proper attention as some medical emergency (if comes) can disturb your finances in just few minutes. To save yourself from any such situation, you …

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Health Insurance Portability: How To Switch From One Insurance Company To Another?

Just like mobile number and bank account number portability there is another very useful portability option available to you i.e ‘Heath Insurance Portability’. Health Insurance Portability allows policyholders to switch their policy to another insurance company without loosing benefits accumulated in the existing/current insurance policy. In simple words, if you are not very happy with the services of your health …

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Planning Your Study Abroad? – Get Student Insurance Policy

Most students nowadays plan to go abroad for higher studies. If you also have any such plans then there is something very important for you to know i.e Student insurance policy. Student insurance policy is offered to protect insured from unexpected expenses like medical expenses while studying abroad. In most of the foreign universities, medical insurance is must. So it is always …

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9 Points To Keep In Mind Before Buying Life Insurance Policy

For every individual it is very important to buy a life insurance plan to secure his family before making any other investments. But choosing the best life insurance policy that fits to your needs is equally important. You can find numerous attractive plans these days which are launched by well known institutions. But these two factors- 1.) a well known …

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