54.198.108.19  -  WOODBRIDGE,NEW JERSEY
CustBase
 
Follow Us
Facebook Twitter
  Login
20-11-2017
Best Seller
Or Product Of Month
AVIVA FAMILY INCOME BUILDER (AVIVAINDIA) - Aviva Family Income Builder Doubles The Premium Paid After A Period Of Time. This Is A Good Children Read More
AEGON RELIGARE TERM INSURANCE PLAN (AEGONRELIGARE) - AEGON Religare Term Insurance Plan, Which Ensures Protection For Your Loved Ones – At A Fraction Of Read More
Need An Insurance
Select Product
Interested in
























I have read the
Terms & Conditions and agree
to the terms there in
 
 
 
Insurance Agents Near By You
 
SHAMA RISHI LUDHIANA, PB
SMS
MRS. BINA  TIWARI ALLAHABAD, UP
SMS
SHOBHA GHADIALI AHMEDABAD, GJ
SMS
SONAL MEHTA SURAT, GJ
SMS
TARKESHWAR BHAGAT GOPALGANJ, BR
SMS



 
Help me
I Want
Pin Code / Locations
News Now
Samvardhan - Pension Scheme ( Defined Contribution) for all LIC agents
LIC India has decided to start a Group Superannuation Cash Accumulation Scheme- ′Samvardhan′, for the Agents of the Corporation. This scheme is being started with a view to assist the agents in creating a sizeable corpus during their productive year which can be used to provide the pension in a structured way, after the accumulation period.

Main features of the scheme are as under :

Eligibility:

1. All the active agents having annual commission of Rs. 1,00,000 alongwith agency tenure of minimum 1 year can join the scheme. Membership of the scheme is voluntary.
2. Minimum age at entry ( in years) 18 completed
3. Maximum entry age ( in years) 65 completed

Contributions:

1. Minimum contribution by the Agent Rs. 500/- per month and in multiples of Rs. 500/- thereafter
2. Minimum accumulation period upto age 60 years
3. Maximum accumulation period upto age 75 years
4. Minimum deferment period- 10 years

Benefits under the Scheme:

Benefits payable after the accumulation period
Benefits payable on the death of the member
Benefits payable on withdrawal of individual member

The Scheme will run as a defined contribution under Group Superannuation Cash Accumulation Scheme of LIC of India.
  
Read More -->
Source : http://www.licindia.in
More News Headline
  Universal Life Products Shall Be Known As Variable Insurance Products (2010-11-26)
Universal Life Products Shall Be Known As Variable Insurance Products (VIP)and All VIP Shall Only Be Offered Under Non-unit Linked Platform And Shall Not Be Permitted On Unit Linked Platform.   Read More -->
  TATA AIG Fined Rs 5,00,000.00 (2010-11-26)
Expenses Of Management (EoM) For The Year 2008-09 Was 114.90% Which Is Beyond Permissible Limits Under Section 40B Of The Insurance Act, 1938   Read More -->
  Star Health Promoters To Dilute Stake (2010-11-13)
Star Health Promoters To Dilute Stake   Read More -->
  ULIPs To Charge For Fund Switching (2010-11-12)
ULIPs To Charge For Fund Switching   Read More -->
  Aegon Religare Life Insurance Is Expecting Its Online Sales To Contribute 10 Per Cent Of Its Total S (2010-11-12)
Aegon Religare Life Insurance Is Expecting Its Online Sales To Contribute 10 Per Cent Of Its Total Sales In The Next 12 Months   Read More -->
  Karnataka Bank Eyes Rs 100 Cr In Life Cover Premiums (2010-11-12)
Karnataka Bank Eyes Rs 100 Cr In Life Cover Premiums   Read More -->
  Corporation Bank Keen To Tap Strategic Relationship With LIC (2010-11-12)
The Bank Is Keen On Setting Up Branches In LIC's Branches And Divisional Offices.   Read More -->
  Aegon Religare Sees Potential In Child Plans (2010-11-12)
Aegon Religare Life Insurance Company Ltd Today Said That There Is Growing Interest In Taking Child Insurance Plans In The Country Both To Secure Their Future And Also Help During The Course Of Education   Read More -->
  Aegon Religare Looks To Change Product Mix (2010-11-12)
Private Life Insurer Aegon Religare Has Refiled Three Of Its Unit-linked Products With The Insurance Regulator To Comply With The New Regulations, And Looks To Change Its Product Mix Going Forward.   Read More -->
  Policy Papers To Show Agency, Broker Details (2010-11-12)
The Life And Non-life Insurance Companies Will Now Have To Display The Agency Code, Name And Contact Details Prominently On The First Page Of The Policy Document.   Read More -->
  ING Life Launches Unique Child Product (2010-11-11)
ING Life India Launched A New Child Insurance Product "ING Aashirwad" That Helps Parents Plan For Their Child's Future Goal And Thereafter Protect Its Life Without Any Additional Cost   Read More -->
  Product-ING Prospering Life New ULIP From ING Life (2010-11-09)
ING Life Insurance Today Launched A New Unit Linked Insurance Product-ING Prospering Life Which Meets Wealth Accumulation And Protection Needs Of The Customers   Read More -->
  Insurance Scheme For The Poor, Rashtriya Swasthya Bima Yojana (RSBY) : Govt (2010-11-09)
The Union Cabinet Will Consider Including The Country’s Four Million-plus Domestic Workers Into Its Flagship Insurance Scheme For The Poor, Rashtriya Swasthya Bima Yojana (RSBY), After Adding Street Vendors To The Eligible Categories Last Week   Read More -->
  HDFC Standard Life Hopes To Break-even In FY12 (2010-11-09)
Insurer HDFC Standard Life Insurance Company Ltd Expects To Break-even In The 2011/12 Financial Year, Helped By An Increase In Premium Income And Reduction In Operating Costs   Read More -->
  Regulators To Help Improve Disclosures, Profitability And Ensure Consumer Protection (2010-11-09)
India's Growing Consumer Class, Rising Insurance Awareness And Increasing Domestic Savings And Investments Are Among The Most Critical Factors That Have Positively Driven The Market Penetration Of The Insurance Products Among Its Consumer Segments.   Read More -->
  You May Soon Be Able To Switch Health Insurers (2010-11-09)
One Of The Important Initiatives Of The Regulator Is The Proposed Portability Of Health Insurance. This Is To Ensure That A Customer Continues To Enjoy Benefits Under His Health Policy Even If He Wishes To Change His Insurance Provider For Genuine Reasons   Read More -->
  Irda Bans All Forms Of Credit Insurance By Non-life Cos (2010-11-09)
The Non-life Insurance Industry Has Been Barred From Selling Any Form Of Credit Insurance, Following State-owned Insurer Oriental Insurance Facing Claims Up To Rs 400 Crore On A Cover Granted To Paramount Airways. Companies That Provide This Cover Have Termed The Reaction Knee Jerk And Fear That It Will Have Repercussions On The Economy.   Read More -->
  LIC Gets RBI Nod To Issue Pre-paid Cards To Clients (2010-11-09)
In A Move That Will Create A New Business Opportunity For India’s Largest Insurer, The Life Insurance Corporation Of India’s Card Division Has Received Permission To Issue Pre-paid Cards Into Which Policy Benefits Will Be Credited.   Read More -->
  Keep Watch For Fake Insurance Salesmen: IRDA (2010-11-09)
The Insurance Regulatory And Development Authority (IRDA) Has Warned The Public To Watch Out For Unscrupulous Persons Selling Insurance Policies By Claiming To Be The Regulator's Representatives.   Read More -->
  Mediclaim, Motor Insurance Portability Soon: Irda (2010-11-09)
Insurance Regulator Irda Today Said That Mediclaim Policy Holders, Who Are Not Satisfied With The Services, Will Soon Be Able To Switch Service Providers At The Same Premium.   Read More -->
  SBI Life Insurance Launches Ulip Product (2010-11-09)
SBI Life Insurance Today Said That It Has Launched A New Unit-linked Insurance Plan (Ulip) Called Saral Maha Anand.   Read More -->
  Reliance Life Launches Highest NAV Advantage Ulip Plan (2010-11-09)
ADAG Group Company, Reliance Life Insurance, Today Launched Of A Unit Linked Insurance Plan (Ulip) That Address Long-term Wealth Creation And Protection Needs Of Customers.   Read More -->
  Insurers Can Take Over Loans Of Only Govt-guaranteed Projects (2010-11-09)
Life Insurance Companies May Be Allowed To Take Over Banks Long-term Infrastructure Loans.   Read More -->
  Irda Suspends Universal Policies (2010-11-09)
The Insurance Regulatory And Development Authority (Irda) Has Suspended Sale Of Universal Life Policies (ULPs), Which Were Being Promoted As An Alternative To Unit-linked Insurance Plans, From October 23   Read More -->
  Insurers Seek To Invest In Gold, Fund Of Funds (2010-11-09)
Regulator Not In Favour Of Insurance Firms Dabbling In Commodities.   Read More -->
  LIC For Higher Premium For Aam Aadmi Scheme (2010-11-09)
Group Insurance Scheme Was Introduced By The Centre For The Landless Agricultural Labourers   Read More -->
Previous Month News
Archive News Related to Insurance
  Minimum Sum Assured For Age At Entry Of Below 45 Years (2010-07-09)
Single Premium (SP) Contracts: 125 Percent Of Single Premium.
Regular Premium (RP) Including Limited Premium Paying (LPP) Contracts: 10 Times The Annualized Premiums Or (0.5 X T X Annualized Premium) Whichever Is Higher. At No Time The Death Benefit Shall Be Less Than 105 Percent Of The Total Premiums (including Top-ups) Paid.   Read More -->
  ING Life Launches Capital Protection ULIP (2011-01-05)
ING Life Has Launched ING Market Shield, A Guaranteed NAV (net Asset Value) Unit-linked Insurance Product.   Read More -->
  Kotak Life Launches 2 New Ulips (2010-09-02)
Kotak Life Insurance Today Launched Two New Unit-linked Insurance Plans (Ulips) -- Kotak Secure Invest Insurance And Kotak Wealth Insurance-meeting The New Irda Guidelines.   Read More -->
  Willis India Under Irda Scrutiny Before Renewal Of Licence (2010-06-07)
The Indian Arm Of The World’s Third-largest Reinsurance Broker, Willis, Is Under The Insurance Regulator’s Scanner In Two Cases, Resulting In A Delay In Renewing Of Its Licence   Read More -->
  LICIndia Endowment Plus - Should I Go For It? (2011-01-18)
Endowment Plus Is A Unit-linked Product That Offers Investment-cum-insurance During The Term Of The Policy.   Read More -->
  Confusion Over Top-up Ulips (2010-06-07)
Policyholders Of Unit-linked Insurance Plans (Ulips) With A Top-up Option Might Find The Going Tough In The Next Few Months. Reason: Insurers Are Confused About The Recent Guidelines Issued By The Insurance Regulatory And Development Authority (Irda). Apart From Directing Companies To Provide A Sum Assured For Retirement Products, An Irda Circular Has Mandated A Cover For Top-up Premiums, Too.   Read More -->
  Clash Of Regulators Intensifies (2010-04-12)
Sebi Fired A Fresh Salvo On Sunday In Its Battle With The Insurance Regulator Saying It Would Widen Its Probe Into Ulips Which Irda Considers Its Domain.   Read More -->
  MINIMUM GUARANTEED RETURN FOR PENSION PRODUCTS : IRDA (2010-07-09)
As Regards Pension Products, All ULIP Pension/annuity Products Shall Offer A Minimum Guaranteed Return Of 4.5% Per Annum Or As Specified By IRDA From Time To Time. This Will Protect The Life Time Savings For The Pensioners, From Any Adverse Fluctuations At The Time Of Maturity.   Read More -->
  Irda May Cap Charges During Ulip Term (2010-06-17)
There Is Good News For Investors Looking At Unit-linked Insurance Plans (Ulips). The Insurance Regulatory & Development Authority (Irda) Is Likely To Put A Ceiling On Charges Even During The Middle Of An Ulip Policy Term.   Read More -->
  LIC Launches Its Credit Card (2010-04-12)
Public Sector, Life Insurance Corporation Of India LIC Finally Launched Its Much Awaited White-labelled Credit Card On Monday March 30th   Read More -->
  Insurance : Medical Benefit (2010-06-28)
What Will Make A Difference Is That All Ulips, Other Than Pension Plans, Will Now Need To Provide Either A Medical Or Death Benefit. The Death Benefit Has To Be 10 Times The Annual Premium As Cover For Policyholders Under The Age Of 45 And Seven Times For Those Over 45. The Death Benefit Will At No Time Be Less Than 105 Per Cent Of Premium, Including Top-ups. This Is Double The Five-time Annual Premium Stipulated Earlier. Even Top-up Premiums Will Get Insurance Cover.
The Medical Cover Per Annum Has To Be A Minimum Of Five Times The Annual Premium, Or Rs 1 Lakh, Whichever Is Higher, For Someone Below 45 Years Of Age. For Policyholders Above 45, It Has To Be A Minimum Of Five Times The Annual Premium Or Rs 75,000, Whichever Is Higher. For People With Dependents, The Need For Cover Will Be Much Higher. So, One Will Need To Purchase A Separate Health Insurance Policy Despite This.   Read More -->
  Unclaimed Amount Of Policy Holders (2010-12-28)
Unclaimed Amount Of Policy Holders Increase Year On Year.   Read More -->
Your Feedback To Us
(Rated 4 Stars From166 Users)
 
 
Advertisement