Who is an Insurance Ombudsman Act ? What is “Insurance Ombudsman” role & limits in India? What is Ombudsman Scheme? How to find Ombudsman Address? How can I register a complaint to Ombudsman? You are hearing of many claim rejection cases by Insurance companies. Some Insurance Companies have even started claiming that they have the…
What are various “types of claims in Life Insurance”? The article explains in detail about the list of documents required and procedure to settle various types of claims in life insurance for claim settlement? What to do if your claim is rejected? The main purpose of buying a Life Insurance Policy is to ensure protection…
What are the different types of life insurance policies in India and which one should I get? The decision to buy is entirely based on the solution, you are looking for. You should definitely buy a term insurance and avoid endowment, money back and whole life policies(my personal suggestion). You can buy ULIPs after scanning…
Which is a better investment product after introduction of LTCG (long term capital gains) – ULIP Vs Mutual Funds? Is ULIP good investment? This is a million dollar question asked by many investors. Before answering, why Mutual Funds are better than ULIPs? Let us compare the difference of charges first between ULIP Vs Mutual Funds….
What is the prime objective of buying a Life Insurance Policy – To provide ‘financial protection to your dependents, Right’. Then, is it not essential for us to understand who gets our Life Insurance claim, if anything happens to us? Here comes the role of nomination and assignment. We all know how important life insurance…
Life insurance companies in India- Did you know that there were around 245 Life Insurance Companies in India in January 1956. Life insurance business was started in India in 1818 with the establishment of Oriental Life Insurance Company in Kolkata. After that, many companies started operations in India. In 1938, the Government of India…
Life Insurance- Is it worth buying and how much Life Insurance should I buy? Should I go for term Insurance? What are term insurance benefits and disadvantages and how the policy works? Do I get maturity benefits in term insurance policy? What are the tax benefits in term insurance? I was addressing a meeting on Financial…
If you are seriously searching for Best Money Back Policy, this article is for you. If you have already invested in a Money Back Plan, be it from LIC or HDFC or SBI Life for 5 Years or 25 Years, you are stuck. Believe me you, it is the worst instrument for investment. Even saving…