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Insurance News: New Jeevan Sathi
http://insurenewses.blogspot.com/2009/07/new-jeevan-sathi.html
Thursday, July 2, 2009. Jeevan Saathi Plus is a plan wherein the couple can take the insurance cover on their lives under a single policy. The proposer under the plan shall be called Principal Life Assured (P.L.A.) and the other life (wife/husband) shall be called Spouse Life Assured (S.L.A.). Posted by acetex IT Solution. Subscribe to: Post Comments (Atom). Free Live Chat Software. Blog is not responsible for any inaccuracies. India among top 10 world insurance markets. Jeevan sathi Plus From LIC.
Insurance News: May 2009
http://insurenewses.blogspot.com/2009_05_01_archive.html
Monday, May 25, 2009. LIC makes Rs 2,600 cr in bear mkt. In a year when equity markets fell by 38 per cent, the country’s largest insurance company, state-run Life Insurance Corporation of India (LIC), has booked a profit of Rs 2,600 crore through sales of Indian stocks. During this period, while most insurance companies and mutual funds were incurring losses, LIC managed to book profit by selling in equities. It had also booked a profit of around Rs 10,000 crore during FY07-08. Despite the Sensex rising...
Insurance News: January 2009
http://insurenewses.blogspot.com/2009_01_01_archive.html
Saturday, January 31, 2009. Benchmark to launch India's first shariah fund. MUMBAI: Benchmark Asset Management will launch India's first shariah-compliant exchange traded fund (ETF) on Feb. 4, as part of a plan to expand. Its bouquet of passively-managed funds, Executive Director Rajan Mehta said on Friday. ETFs, listed and traded like individual stocks, give investors access to the underlying securities without the risk of holding them. Muslims make up about 13 per cent of India's 1.1 billion plus p...
Insurance News: December 2008
http://insurenewses.blogspot.com/2008_12_01_archive.html
Wednesday, December 31, 2008. Some insurance plans for you. At a time when investors are looking to park their earnings in safe havens such as fixed deposits, life insurance companies are offering guaranteed-return products to lure risk-averse investors. LIC’s Jeevan Aastha. The policy can be surrendered for cash after the policy has run for at least one year. Beginning December 8, 2008, the close-ended plan is open for subscription for 45 days. Aiming to tap customers looking for guaranteed returns, IDB...
Insurance News: August 2009
http://insurenewses.blogspot.com/2009_08_01_archive.html
Tuesday, August 25, 2009. No surrender fee on Ulips after 4 yrs. Irda also takes mortality, morbidity charges out of overall 3% cap. At present, there is no standard norm for surrender value, which is akin to exit load for mutual funds.With this latest Irda decision, insurers will have to pay the accumulated fund value, if a Ulip-holder surrenders his/her policy after four years. According to the revised circular, mortality and morbidity charges will be excluded in the calculation of the net yield. T...
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Insurance News
Tuesday, August 25, 2009. No surrender fee on Ulips after 4 yrs. Irda also takes mortality, morbidity charges out of overall 3% cap. At present, there is no standard norm for surrender value, which is akin to exit load for mutual funds.With this latest Irda decision, insurers will have to pay the accumulated fund value, if a Ulip-holder surrenders his/her policy after four years. According to the revised circular, mortality and morbidity charges will be excluded in the calculation of the net yield. T...
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Safety and Loss Control. Protect Your Business and Your Success. Increase Employee Wellness and Productivity. Insurenex Presents: Keeping it in The Family: The Family Owned-Business. INSURENEX receives Safeco/Liberty Mutual Premier Partner Award. Insurenex Presents: Workers' Compensation/Wellness and Productivity. Safeco Insurance: The Value of an Independent Agent. Don't hear it from us, hear it from them. Cristina Perez, Esq., Perez Gonzalez Law. Jose Villa, Founder and President, Sensis. We've en...
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