How Traditional Life Insurance Plans will be taxed after April 1, 2023?
From April 1, 2023, the maturity proceeds from traditional plans (commonly known as endowment plans) with annual premium exceeding Rs […]
endowment plans
There is no LABH in LIC Jeevan Labh (Plan 936)
LIC Jeevan Labh (Plan 936) is a limited premium and non-linked participating life insurance plan. “Limited Premium” implies that the
Review: ICICI Pru Assured Savings Insurance Plan: Should you invest?
A close friend pinged me about ICICI Pru Assured Savings Insurance Plan and asked if it was a good plan
Insurance
Review: LIC Jeevan Shiromani (Benefit, Features, Returns): Should you invest?
LIC Jeevan Shiromani is a traditional money back plan. It has a flavor of both participating and non-participating life insurance
The Problems with Endowment plans
In my many posts on traditional life insurance plans, I have tried to make simple excel models to demonstrate that
Insurance, Opinion
No parent should purchase LIC Jeevan Tarun
Traditional life insurance plans are opaque, offer low life cover and provide guaranteed poor returns. Insurance companies try to package
Say NO to Traditional Life Insurance Plans
You have been looking to buy an insurance plan. You don’t want to purchase a pure vanilla term insurance plan