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PLI Status: All about checking the status and paying premiums of postal life insurance online
The establishment of Postal Life Insurance (PLI) goes back to pre-independent India. PLI was founded in the year 1884 as a State Insurance scheme for the employees of the postal department. In the year 1888, the scheme was extended to cover employees of the telegraph department as well. However, today, PLI schemes are not only…
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Best Government Insurance Companies in India
Prior to the year 2000, the insurance segment in India was dominated by Government insurance companies. However, the Government formed the Malhotra Committee in the year 1993 to suggest reforms in the insurance sector. As per the recommendations of the committee, the Insurance Regulatory and Development Authority of India (IRDAI) was formed and the insurance…
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List of Claim Settlement Ratio of Life Insurance Companies
There are 24 life insurance companies in the market and each company offers a range of life insurance plans. The plans are competitive in terms of their coverage benefits and premium rates and so choosing the best life insurance plan might prove to be a challenge. You, therefore, need another parameter to judge life insurance…
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Best Single Premium Policy India
Life insurance policies allow you flexible premium payment modes. There are regular premium plans, limited premium plans and single premium insurance plans. Under regular premium policies, you pay premiums throughout the term of the plan. Under limited premium plans, premiums are paid for a limited period which is lower than the total plan duration. Single…
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LIC Jeevan Saral Plan: Features, Benefits & More
The Life Insurance Corporation of India offers a range of life insurance plans right from term insurance to unit-linked plans. The plans can be traditional insurance plans or market-linked ones. While traditional plans promise a guaranteed benefit on maturity or death, unit-linked plans do not guarantee the benefits since returns depend on market performance. Table…
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LIC vs PLI Comparison Chart – Benefits, Plan Types
Table of Content Life Insurance Plans Postal Life Insurance Plans Difference between PLI and LIC PLI vs LIC which is best? FAQs The Life Insurance Corporation of India (LIC) is a leading life insurance provider which enjoys the immense trust of its customers. It is owned by the Government of India and it offers a…
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Group Life Insurance – All You Need To Know About Features & Benefits
Understand their benefits and details Life insurance companies not only offer insurance solutions for individuals but also for groups. Group life insurance plans are offered by almost all life insurance companies. Group insurance plans cover a group of individuals under a single plan. Let’s understand the concept of group life insurance in details – What…
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Know About the Latest IRDAI Claim Settlement Ratio 2019
A Comparative List of Different Companies Life insurance policies are long term contracts. They promise the payment of the plan benefit if the insured dies during the term of the plan. You buy a life insurance policy with the expectation that the plan benefit would give you and your family a financial corpus to tide…
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Know everything about UTI unit linked insurance plan
The Unit Trust of India is one of the oldest Asset Management Companies in India which was established in the year 1964. UTI provides different types of mutual fund schemes for investors. The company not only offers mutual funds but other services too like portfolio management services, venture funds, retirement solutions, etc. The company is…
