Monthly Archives: November 2024

Lic Life Insurance Policy Feathers

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Life insurance Corporation of India (LIC) is the principal life insurance player in India Insurance Industry. Its physically powerful brand backed by long experience and well recognized network has helped it to stay behind on the peak. LIC offers an extremely gigantic and huge range of diversified products catering to needs of various sections of people in India.

PlanMin Premium Bonus Declared? NAV Declared? Loan Available? Tax benefit?
Jeevan Anand 1500
Jeevan Mitra (Double Cover Plan) 1600
Endowment Assurance (L.P) 2000
Endowment Assurance (S. P) 16000
Jeevan Pramukh
Jeevan Mitra (Triple Cover Plan) 1700
New Janaraksha Plan 1600
Endowment Assurance – (R.P) 1200
Jeevan NidhiI – RP 3000
New Jeevan Suraksha-I 2500
New Jeevan Dhara-I 2500
Jeevan Nidhi – SP 10000
Jeevan Anurag – RP 2000
Marriage Endowment Or Educational Annuity Plan 1800
Children’s Deferred Endowment Assurance Plan 21 2000
Jeevan Anurag – SP 25000
Children’s Deferred Endowment Assurance Plan 18 1200
Komal Jeevan 1200
Child Career Plan 1000
Child Future Plan 1200
Jeevan Chhaya 2000
Jeevan Kishore 1000
Child Fortune Plus RP 10000
Jeevan Akshay VI 3000
Pension Plus 15000
Endowment Plus 20000

The other subsidiary companies under LIC are:
Life Insurance Corporation (LIC) of India International – A joint venture offshore company promoted by LIC which commenced its operations in July, 1989 with the purpose of contribution policies denominated in US $ to NRIs reside in the Gulf.
LIC Nepal – Formed in 2001 in joint venture with Vishal Group of Industries, Nepal.
LIC Lanka – Formed in 2003 in joint venture with Bartleet Group of Companies, Sri Lanka
LIC Housing Finance – Established in 19 though June, 1989 in Dubai with the objective of providing long term finance for construction of houses or apartments.
LIC Housing Finance Limited Care Homes – A completely owned contributory of LIC Housing Finance which builds “Assisted Community Living Centers” for superior citizen.
With its ever-expanding operation, LIC has place an example for additional Public Sector Undertakings of India to follow.

Comminsure Life Insurance

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CommInsure is a widely known insurance company that is backed by the Commonwealth Bank. This partnership allows CommInsure to be a very comprehensive insurance company with many different types of cover available. CommInsure believes in customer loyalty and offers numerous discounts and customizable packages.

Home insurance by CommInsure provides cover for any number of happenings and contents. They have a residential package for homes and an investment home package. Each type of cover, whether it be building, contents or personal valuables can be customized to fit any policyholders needs. The cover can be added or removed as needed, and by doing so the premiums will immediately be modified.

CommInsure also provides ample cover for automobiles. There are three different types of cover to choose from. The car insurance provided by CommInsure has been rated with 5 stars from Cannex due to its exceptional value.

The Life insurance covers at CommInsure are wide-ranging to fit all different types of coverage needs. There are policies for income care, trauma, disability and death. These can also be customized. The Business Overheads Insurance is perfect for those that are self-employed. This cover will insure the business in the event of the owner being unable to work due to injury or long-term sickness.

Travel insurance is another area in which CommInsure excels. This type of insurance can be used during traveling and there are three different types of cover. There is Worldwide insurance, which protects travelers from many different things while traveling outside of Australia. The Economy insurance is available to singles and duos only, and is a comprehensive back-up plan while traveling. There is also Domestic cover, which will be used in the event of something happening during travel inside Australia.

Loan protection cover is available so that in the event of a loanholders injury, death or long-term illness, the loan payments are made. Credit card insurance for the Commonwealth credit card is another option from CommInsure. Neither of these covers requires a medical examination.

Different types of investing can also be done with CommInsure. There is an Investment Growth Bond that can be utilized. Also, there are short-term and long term annuities available.

Overall, CommInsure is an award-winning and nationally recognized full service insurance company in Australia. Customers are rewarded with various discounts. They offer many types of cover and several different types of payment options.