Revised Interest Rates On PPF, NSC, MIS & Post Office Savings W.E.F 1 Dec 2011

With effect from 1st December 2011, the rate of interest on PPF, NSC, MIC and post office scheme will be raised to offer better returns to the investors. Public Provident Fund (PPF)... Read more »

View And Compare ULIP Plans On The Official Website Of IRDA

Insurance regulatory and development authority (IRDA), has taken a great initiative to provide the details of all the insurance products available in India at there official website. A web app has been... Read more »

Compare To Choose The Best Online Term Insurance Plans In India

Online insurance plan, as name suggest are insurance plans offered by insurance companies at online interface without any medical check up. Which means now customers can visit on the official website of... Read more »

Now Check Your LIC Of India Policy Status By SMS

Life Insurance Corporation (LIC) of India have started a new SMS service to provide basic policy details to its customers via SMS. This free service has been offered for the convenience to... Read more »

Latest IRDA Update On ULIP : Discontinued ULIP Policies Will Now Get Interest

As per the IRDA latest notification, holder of unit linked insurance plan (ULIP) who have discontinued their policy will get a minimum guaranteed interest on the fund value as applicable to savings... Read more »

Now IRDA Allows Insurance Premium Payment In Cash Above Rs 50,000 With PAN Details

Insurance Regulator And Development Authority (IRDA), the national agency of Government of India is planning to modify there guidelines to control black money transactions. To track the source of income, the authorities... Read more »

Terminating A Life Insurance Policy? Surrender Vs Paid Up – Which Is Better?

If you think you bought a wrong insurance policy and want to discontinue the same. In such scenario, you can either surrender the policy or make it paid up. Now the question... Read more »

Difference Between ULIP And Traditional Insurance Policy

Unit linked insurance policy (ULIP), are insurance cum investment plans that offers the policy holder to have reasonably good returns in a long term while providing insurance protection. ULIP = Insurance (Life... Read more »

What Are Retirement Annuities?

An Individual Retirement Annuity is an insurance product that can be used as part of a retirement strategy. Retirement annuities are a popular choice for investors who want to receive a steady... Read more »

What Is Co-Insurance?

Co-insurance is a policy provision under which you and the insurance company must bear a fixed sum of loss in case of a claim after the deductible is met. In other words,... Read more »

Difference Between Life Assurance and Life Insurance

Nowadays taking life insurance policy has become a need for everyone. But till date average man assumes that life insurance and life assurance are names for the same form of insurance. So... Read more »

What Is Private Mortgage Insurance (PMI)?

PMI stands for Private Mortgage Insurance, It is a special kind of insurance that lenders may require the borrower to purchase if the loan they are taking out is 80% or higher... Read more »

What Is Bancassurance?

Bancassurance is used to describe the partnership or relationship between a bank and an insurance company whereby the insurance company uses the bank sales channel in order to sell insurance products. Bancassurance... Read more »

High Risk Life Insurance Policy

High-risk life insurance is a type of life insurance coverage that provides benefits to individuals who do not qualify for other types of life insurance plans. It especially provide coverage to people... Read more »

How Term Insurance Is Better Than Permanent/Whole Life Insurance?

Before taking life insurance its better to understand the difference between term insurance and other types of policies. Term insurance is the original form of insurance which is also known as term... Read more »