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ULIPs

A detailed comparison of ULIPs

Many of the ULIP information seekers have been asking for a comparative article on the existing ULIPs with Guaranteed NAV in the market. In this article you will find the most comprehensive comparison of Unit Linked Insurance Plans offered by various insurers like LIC, SBI Life, Birla SunLife, Bajaj Allianz, Reliance and ICICI Prudential. One [...]

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LIC Wealth Plus ULIP Review

Today LIC is launching a new plan called “Wealth Plus”, an unit linked insurance plan (ULIP) having a term of 8 years. As usual, here is my review on this plan with inputs from a development officer working with LIC based in Bangalore. On this blog you can also read about other ULIP products available [...]

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LIC Jeevan Nischay policy review

Life Insurance Corporation (LIC) of India has launched one more new guaranteed single premium plan called Jeevan Nischay. This plan is very much in line with last year’s Jeevan Aastha. This new policy will be sold to ‘existing‘ customers of LIC and will be sold for a limited period until end of March 2010. Yes, [...]

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LIC Jeevan Varsha – Review

LIC’s Jeevan Varsha is a close ended Money Back Plan with Guaranteed Additions. The plan returns periodical payments as a proportion of Sum Assured at specified durations, on survival during the term of the policy and on maturity. This plan returns full Sum Assured on death irrespective of earlier pay backs. Guaranteed Additions are payable [...]

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IDBI Fortis Bondsurance Plan

Today, I came across IDBI’s Life insurance plan called ‘Bondsurance‘ which is very much similar to LIC’s Jeevan Aastha. Bondsurance is a single premium plan which allows an individual to make a one-time investment and get a guaranteed amount on maturity. One can choose a maturity period of 5 or 10 years for investment under [...]

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