HDFC Assurance Plan is an Endowment insurance policy. It is a with profits plan which means you are eligible for bonus. 



The policy term is for 10 years only. Entry age for this policy is between 18 years and 50 years.



You do not need to undergo any medical test to avail this policy.



At maturity, the... Read More>>

It is a little unclear on what you are upset about. But I will try to resolve some of the query. An insurance company sells policies through various channels such as banks, brokers, agents, website, call centres, etc. The channels are paid either commission or fees on every sale depending on the... Read More>>

HDFC SL ClassicAssure Insurance Plan is a with profits plan that offers a lump sum payment on survival up to the maturity date. In this plan, the policyholder has to pay premiums for only 7 years.



The policy brochure does not share any such condition that one should be an existing customer of HDFC... Read More>>

You can look at the following travel insurance policies for your parents:



ICICI Lombard Travel Insurance – Senior Citizens



Bajaj Allianz Travel Super Age Elite - Senior Citizen Insurance Plan

Kotak Capital Multiplier is a good savings insurance policy. One does not usually encourage to surrender life insurance policies as they are long-term savings products.



Read the entire policy benefits on the below link



http://insurance.kotak.com/individual/savings-invest/capital-multiplier-plan.php


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ULIPs are long term plans and most of the policy charges are charged upfront. Even though the charges are usually low in single premium policies, they are relatively higher than traditional insurance policies.



If you had taken the policy from a long-term perspective then you should wait till the end... Read More>>

There are some very good plans for senior citizen that has been exclusively designed for older people and it makes it even more important that you should be aware of the same and avail it at the earliest so that the full benefit can be received after the respective waiting periods are over.



National... Read More>>

One of the types of pension policy you can look at is annuity policies where you pay a lumpsum amount at the start (purchase price) and let the fund grow for a few years before starting to receive regular pensions.

 

Recently, the insurance regulator issued some new guidelines around pension policies... Read More>>

Dear Medha,



There are many companies with various life insurance policies and there are strenghts and weaknesses of each policy and the company. You need to compare and choose the plan which best fits your needs irrespective of the insurance company. Since all companies are regulatred by the IRDA,... Read More>>

This is the rule of car insurance. If your vehicle does not have a valid insurance policy, then you cannot claim for the same. Since your RC got changed only during your holiday, you should have waited to change the policy to your name before taking the car out of the garage. Because, once the... Read More>>