Insurance News on Policy Launches 2011

Kotak Invest Maxima is the new plan launched with zero premium allocation charges

December 13, 2011 - 06:47 PM  by

Kotak Life Insurance has introduced a new unit-linked insurance plaKotak Invest Maxima - ULIP with zero premium allocation chargen (ULIP) ‘Kotak Invest Maxima’ with zero premium allocation charge.

Kotak Invest Maxima offers to maximize investments with maximum premium allocation along with a life cover. It is a flexible plan, allowing customers to choose their desired payment option – single premium, limited premium or regular premium. Minimum annual premium starts at Rs 50,000 for regular pay, Rs 75,000 for limited pay, Rs 1 lakh for single pay....  Read More »

Posted in Policy Launches 2011 Kotak Life InsuranceLife InsuranceULIP | 2313 Views | 2 Comments »

Two new child plans launched by Kotak Life Insurance

November 23, 2011 - 06:09 PM  by

Kotak Life Insurance has introduced two new child plans ‘Child Edu Plan’ and ‘Child Future Plan’ to help parents make financial arrangements in advance for their child’s future needs.

Kotak Child Edu Plan is tailor-made for children up to 10 years of age, while Kotak Child Future Plan is designed for children between 11 to 15 years of age.

Features of Kotak Child Edu Plan:Kotak Child Plan

.Defined benefits – ‘Edu Boosters’ at ages 15, 17, 19 and 21 years
.On Maturity, 60% of Sum Assured + Bonus is...  Read More »

Posted in Policy Launches 2011 Child Plans | 1201 Views | Write a Comment »

Bharti AXA Life Insurance unveils Future Invest Plan

November 23, 2011 - 10:48 AM  by

Future Invest is a ULIP with Zero Premium Allocation Charge. Pay premium for 5 years and enjoy coverage for 10 years

Bharti AXA has added yet another offering to its wide array of products. ‘Future Invest’ is the new plan launched by the private insurer aimed to address long term wealth creation needs of prospective customers.

Policy allocation charge is the amount that gets deducted directly from the premiums paid and the rest of the money gets invested in the funds chosen. Unlike in...  Read More »

Posted in Policy Launches 2011 | 1327 Views | 2 Comments »

IndiaFirst Money Balance plan launched

October 25, 2011 - 04:25 PM  by

IndiaFirst Life Insurance Company has launched a new plan ‘IndiaFirst Money Balance’ which is a unit-linked savings plan that helps you invest while limiting your exposure to market fluctuations.
 

'IndiaFirst Money Balance' -  Plan Highlights
. First of its kind plan with an ‘Automatic Trigger’ for individual policy accounts
. Provides for automatic balancing of portfolio as time passes
. Option to pay premium(s) regularly or for a limited period or through a single payment.
. 52 free...  Read More »

Posted in Policy Launches 2011 | 1814 Views | 1 Comments »

L&T Insurance launches their first health insurance policy

October 13, 2011 - 02:42 PM  by

L&T Insurance Company, the latest entrant in the non-life insurance space, launched their new comprehensive health insurance policy “my health Medisure Prime Insurance Policy”.New policy - my health Medisure Prime Insurance
Read our detailed review of my health Medisure Prime Insurance Policy

Medisure Prime Insurance is a good health insurance policy that offers a unique combination of hosptalisation and critical illness benefit to cater to the various health needs of a customer. In addition to the basic features of any standard health...  Read More »

Posted in Policy Launches 2011 | 2125 Views | 7 Comments »

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