Low Premium High Return Life Insurance Policies Of Life Insurance Corporation Of India?
Question by harrysingh56 | Posted in Insurance
is jeevan saral a good choice?
Answer: Hi Harry,
Facts about Jeevan Saral:
Insurance Cover: 250 times of your monthly premium + All premiums paid - 1st Years premium
Term: 25 Years
Partial Withdrawals: Possible after 10 years
Loyalty Additions: Are not guaranteed, but you may get starting from 10th year onwards.
See that you are not misguided by agents claims of very high returns and all. They have fooled two of my friends by selling same policy. Both of them are paying Rs. 2000 as monthly premiums and are assured 17 lakh guaranteed returns after 21 years and so on.
If you can share your e-mail address, I can e-mail you the sheet used by agents to fool
Which Insurance Company Is Reliable, Better And With Low Premium ?
Question by suresh k | Posted in Insurance
I want to buy a Insurance Term Plan for me and my wife , which is mainly intended for protecting my family in case of any unfortunate circumstances . I cannot decide between the different Insurance companies and their products. I am 50 years , and with one daughter of 14 years..
I have checked SBI, Life Insurance, Kotak, Metlife, ICICI, HDFC on their website. Could you please tell me which Insurance company offers Life Term Plan for the longest term / age at a low premium. which company is reliable ?
Answer: Dear Mr. Suresh,
As an LIC Agent, I can suggest you for an LIC policy, which has got Central Govt. back up guarantee and it is a company set up by ordinance as a non profit organisation, all the profits are paid back to policy holders by way of bonus after paying 5% of net profit to Central govt.
If you are aged 50 years and wish to take term policy, I suggest you LIC's Anmol Jeevan a pure term assurance ang covers your life for 15 years with an annual premium of Rs.6871 for a sum assured of Rs.5,00,000 and no maturity benefits available only death benefit of Rs.5,00,000 for 15 years.
Secondly, I suggest you LIC's Jeevan Amrit where you can be covered for
Possible To Lower Your Term Life Insurance Policy Premium?
Question by anonymous | Posted in Insurance
instead of shopping around for a new company, i was wondering if i can contact the current company to see if they'll lower the rate due to the insured person's improved health. the person was extremely close to qualifying for the best rate, but technically fell in the second best rate, but we're confident that the best rate will apply at this point. thanks in advance for your reply!
Answer: The company will not lower the rate of the existing policy. The insured would have to be re-underwritten meaning that the company would require a new application and would likely require a new para-med exam.
If the company agreed with your assessment they would advise you that the preferred rates are available and you would cancel your existing policy and have a new policy issued.
Depending upon how long ago the original policy was approved you might not gain as much as you think because the new policy would be based on the insured's current age..
I Want To Know About Best Term Insurance, Term Life Insurance, Term Insurance Premium, Term Insurance Plans?
Question by Priya SInghani | Posted in Insurance
Which is the Best term insurance. I thought the Best term insurance is the one in which Best Term insurance premium is lower. I have heard that iProtect for ICICI Prudential is the best Term insurance premium
Answer: You are absolutely correct mam. Best term insurance is indeed a term life insurance which charges the lowest term insurance premium but also the term insurance plans gives maximum coverage as well. There are various term insurance companies in market. The one I bought is iProtect. I pay a premium as low as Rs. 2,000 since I am still young. Your premium maybe higher depending on you age and time period. For further information you might want to visit the below mentioned sites!
Where Can I Find A Reputable Life Insurance Company/Policy?
Question by evesmystique | Posted in Insurance
I'm a single mother and I'm trying to locate a life insurance company that offers a low monthly premium and list my children (ages 5 and 8) as a beneficiary. I'm aware that most companies offer the benefits at ages 18-25. I want to provide these benefits for my kids if something should happen to me!
Answer: Your best bet is to consult with an insurance professional. All the major life insurance companies are reputable. I would avoid anything on line. An insurance professional will work out something for you within your budget and explain how to list your children as beneficiaries. They do not have to be adults to be listed on your policy.
Lowest Premium for Life Insurance - Punjab Insurance
Sandeep Ahuja of Punjab Insurance discusses about importance of Life Insurance in Punjabi. Get low premium quote on Life Insurance
Insurance: Why picking an annuity payout matters | Insurance For Less
by james
I explained that the single-life annuity pays more – often substantially more – than the joint annuity since the insurance company is committed in the joint annuity to paying for a longer time. Often, a better approach is to take the single-life annuity and supplement it with life insurance. I described a single-life annuity, which guarantees an income for the life of one person. But, if a married retiree selects a single-life annuity and then dies before the spouse, the widow or widower has no income left from that annuity....
Term life insurance can provide an essential financial protection for families and its comparatively low premiums make buying enough coverage affordable, according to the Insurance Information Institute (III). However, many Americans are dissuaded from
Term life insurance can provide an essential financial protection for families and its comparatively low premiums make buying enough coverage affordable, according to the Insurance Information Institute (III). However, many Americans are dissuaded from
The Insurance Regulatory and Development Authority (Irda) has asked life insurers to stop selling highest net asset value (NAV)-guaranteed products. In a recent communication to all life insurers, the regulator has said, “The marketing of products
The whole life policy could be purchased while the insured is very young and the premiums would be quite reasonable. A modest face amount — say $50000 — at a low cost could be purchased so by the time the term policy is no longer affordable,
Long-term-care insurance. It's a subject most people don't want to think about—but many people know they need to. At first blush, policies that help pay the costs of extended nursing care make perfect sense. Bills add up quickly when you can no longer
