Claim Settlement Ratio is probably the most important factor while buying insurance. This becomes even more critical for Life Insurance as you would like your dependents to run pillar to post to claim your sum assured in case of unfortunate death. The recently published Insurance Regulatory And Development Authority – IRDA Annual report 2011-12 has […]
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Bajaj Allianz is heavily promoting its Cash Rich Insurance Plan as a retirement solution through all kinds of media. But does the plan do what it promises? Cash rich insurance plan is essentially a money-back plan that gives the flexibility to choose the premium paying term as well as the money-back term. The policy can
Claim Settlement Ratio is probably the most important factor while buying insurance. This becomes even more critical for Life Insurance as you would like your dependents to run pillar to post to claim your sum assured in case of unfortunate death. The recently published Insurance Regulatory And Development Authority – IRDA Annual report 2010-11 has the
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There are advantages of being a woman – both financially and other wise. But this post focuses on the advantages the women have in the financial world. Income Tax Benefit: Under the current tax regime, women pay less tax than men. For the present financial year (2011 – 12), the tax exemption limit for women
Bajaj Allianz Guaranteed Maturity Insurance Plan: It is a single-premium unit-linked insurance plan (Ulip) that promises a maturity corpus of at least twice the premium paid. It also provides an insurance cover during the term. The minimum premium under this plan is Rs 5,000, which is also the cost of one guaranteed maturity certificate. Under
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