Aviva LIfe Shield Platinum Plan is indeed a very good plan and can be availed without much ado. It is a pure term plan which is available at low premiums and offers high cover. In such policies, there is no maturity benefit, that is, if the policy holder survives the policy term then he/she does not... Read More>>

Reliance Cash Flow Plan is a good plan. It is a Money Back Plan. In this policy, if the Life Insured survives then he would receive percentage return at the end of the fourth year and then every 3rd year till maturity. When the policy matures, the remaining amount along with accrued bonus is paid... Read More>>

Hi,

MetLife Suvidha Plan is an Endowment Plan which can be Participating or Non-Participating.

On survival till end of Policy Term, the policyholder gets Maturity Benefit of Sum Assured under Met Suvidha (Non-Par) Plan and Sum Assured + Reversionary Bonus + Terminal Bonus under Met Suvidha (Par)

For that you  need to contact the neartest office of Kotak. However, please understand that ULIPs are long term products and should be at least for 15-20 years else you would not get good returns. It breaks even over the costs only after the 7th year from the 10th year onwards for sure. Thus, if you... Read More>>

Hi,

Please provide us the name of the plan and then we would be able to provide the details of the same. Without the names, it would be very difficult.

There are many insurance plans in Reliance Life Insurance. Click here to know the review of all these plans.

Also, please understand Life Insurance is... Read More>>

Hi,

Over the years, the Highest NAV Guarantee Products have not provided a very high return but a decent 9% return is quite acheivable but that totally depends on the market performance and the way the NAV of this particular fjund moves.

Now, it makes maximum sense to continue paying the amount for 10... Read More>>

Dear Mehul,

iMaximize Plan from Aegon Religare is a good and in fact all ULIPs are good and will provide great returns if held on for long. If you shift from one ULIP to another only because of low Fund Value, let me assure you that you would have the same concern there, irrespective of the plan you... Read More>>

If you wish to continue the plan again, you can revive the same. Howevere, if you wish to surrender the plan, you can do so since you have already paid 3 years of premium and your policy has acquired a Paid Up Value. 



However, it would make most sense to continue the plan since surrender value will... Read More>>

Hi,

Why do you think this is not a good plan? It is a simple unit linked insurance plan (ULIP) with highest NAV guarantee. In this plan, you can choose the guarantee option according to your risk appetite.



In this plan, if you die within the policy tenure, your nominee would receive the Sum Assured... Read More>>

With regards your query,

According to Section 64VA of Insurance Act 1938 there is a solvency margin of Rs 150 crores that needs to be submitted to the RBI under IRDA, the Insurance Regulatory and Development Authority, as safety deposit money which is kept for repayment to customers in case the... Read More>>