Hello All, I am looking for the below information.If any one has knowledge,please share with me. The life insurance policies which brought in India are applicable for the people who living in USA(for OCI holder)?Suppose in case of sudden death ,is indian life insurance companies would pay the insurance? Thanks, Priya.
Re: Term Insurance: Why it makes more sense hi lakshmi nice article. Term insurance is a must for all fmlys. It is taken for the main earning person of the fmly. It is also based on age of insured, no of years to be insured, his current earning capacity. Bascially Term insurance, says, if anything happen to the main breadwinner, the fmly will be compensated with the insured amt, which has been calculated above way, for paying premium.
Re: Term Insurance: Why it makes more sense Excellent article. Keep it up. Let this be an eye-opener for all!!! Pls do not quote the entire post
Re: Term Insurance: Why it makes more sense will u pls tell me, Jevan anand scheme??? What is d mini. amt to be invested i ULIP per Annum??? Which one is best ULIP Scheme????
Hai Oovia.. Jeevan Anand is the unique plan in Lic Policies. It is combined into endownment and Whole Life policy. Example: Mr. X 25 years, opts for Jeevan Anand policy for 20 years with S.A. Rs.1 Lac. He has to pay annual premium of Rs.5490/- . On maturity, Mr. X will get Rs.1,98,000/- (S.A. + Bonus as per 2005 rates i.e. Rs.43 per thousand per annum which become 43 x 100 x 20 = 86,000/-). Even after the premium paying term is over, risk cover continues till the death of Mr. X. But if, Unfortunately Mr. X dies at the age of 65 years, his nominee will get an additional amount equal to the S.A. i. e. Rs.1 Lac in cash. Unfortunately Mr. X dies during premium paying term his nominee will receive Rs. 1Lac + accumulated Bonus. more about Jeevan Anand Jeevan Anand - TheLicIndia
Hi I am financial advisor for bharathi axa , i have licence code from irda you can contact me regarding your life insurance queiries and insurance products
