IOB wins LIC's ‘Bima region' award
The Life Insurance Corporation of India has awarded Indian Overseas Bank, Coimbatore region, with the ‘Bima Region’ award for excellence in insurance business.
Tag Archives: Insurance
OBC to open more offices abroad
As part of its global expansion plans, the State-run Oriental Bank of Commerce plans to open more offices in Hong Kong and Africa.
Know the key ratios to choose the right stocks!
P/E ratio (Price Earnings Ratio) shows what the market thinks about the earnings potential and future business forecast of a company. Companies with high P/E ratios are the darlings of the investors and thus enjoy a higher market rating. In order to use the P/E ratio properly, take into account the future earnings and growth… Read More »
Employer sponsored health cover. Is it enough?
One very important aspect we need to understand is that after the age of 45 no insurance company will provide a health policy without medical check examination. Once the medicals are done and the individual is prone to even 0.001% of any disease, that particular ailment will be excluded from the policy and he/she cannot… Read More »
Have you considered a top-up insurance?
Rajiv looked harassed and upset. When he saw Raghav he quietly handed over some sheets of paper which was the hospital bill for Rs. 5.25 lacs and a faxed letter from the insurance company saying that they would pay up only Rs. 2 lakhs. Rajiv explained that their group medical insurance covered parents only upto… Read More »
How to go about insuring yourself against terror
Terror insurance is considered to be a difficult product for insurance companies, as the odds of terrorist attacks are very difficult to predict and the potential liability enormous. This combination of uncertainty and potentially huge losses makes the setting of premiums a difficult aspect. Most insurance companies therefore exclude terrorism from the insurance coverage.
Get the right insurance cover for peace of mind
While selecting the insurance cover, you must choose the right sum assured. Taking higher sum assured than needed will mean you unnecessarily end up paying higher premium. Choose low sum assured and you will not get sufficient compensation when needed. Here are the main steps when deciding the right insurance cover for you.
A note on HDFC bank
HDFC bank was incorporated in August 1994 in the name of ‘Housing Development Finance Corporation Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995. Currently the bank has a network of nationwide network of 1,416 Branches and 3,570 ATMs in 550 Indian towns and… Read More »
LIC – Marriage Endowment or Educational Annuity Plan
This is an Endowment Assurance plan that provides for benefits on or from the selected maturity date to meet the Marriage/Educational expenses of the named child. Premiums are payable yearly, half-yearly, quarterly, monthly or through Salary deductions, as opted by the policy holder, throughout the term of the policy or earlier death.
Increase in number of products from Future Generali
News reports have indicated that the Insurance market is set to provide more choices with 7 new products coming from the stables of Future Generali India Life insurance Company.