Category: Insurance

ULIP or Mutual Fund: Which is the best?

If you have to choose an investment option then you should take care of the following things: More importantly, you have to ensure that your family’s future expenses are taken care, even if something unfortunate were happening to you. Another…

Regulation of Insurance Sector in India

Insurance Regulatory and Development Authority is the main regulatory authority of insurance sector in India. The IRDA Act was passed in December, 1999 with a view to 1. Provide for establishment of an Authority 2. Make amendment in Insurance Act,…

Retirement / Pension Plans

Retirement/Pension Plans are savings and investment plans that provide income after retirement.These plans help to build a retirement corpus which is invested on maturity to generate a regular stream of monthly income to cover policyholder’s expenses. Pension plans provide financial…

ULIP: An Introduction

ULIP(Unit Linked Insurance Plan) is a category of goal-based financial solution that combines the safety of insurance protection with wealth creation opportunities. In ULIPs, a part of the investment goes towards providing us the life cover and the remaining   portion…

Requirement of Health Insurance

Health insurance gives us and our family the financial security to meet health related problems & contingencies. Due to changing lifestyles, health issues have acquired completely new dimension overtime, becoming more complex in nature. It ensures that no matter how critical…

Investment of Money

What do you mean by investment of money? Any source where we put our money to get a better return in the future is called investment of money. These investments give value to our money as if we keep our…

Life Insurance

  From a legal angle insurance is a contract. The contract is between insurance company and the person getting insurance cover, beneficiaries of insurance would include The policyholder The insured person Dependent of the insured person Life insurance is usually…

Insurance sector & its condition in India

Life Insurance is the fastest growing sector in India till 2010. Private companies started their business after 2000 as Government allowed Private players and FDI up to 26%.The first private company which had entered into this sector was HDFC Life…

Future of Insurance sector in India

According to me, future of insurance sector is very good in India. Current market share of new companies is not  attractive but the potential market is very attractive and lucrative in this country. Insurance has gotten popularity in cities ,most…