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On December 19th, 2017, LIC will introduce the LIC Jeevan Shiromani Plan 847, a new money-back plan. Let's look at the LIC Jeevan Shiromani Plan 847's benefits, evaluation, and returns. It is a money-back plan with a low premium payment that is non-linked and profitable. This approach, according to LIC, is specifically intended to target HNIs (High Net Worth Individuals). You are also covered for serious illnesses under this plan. Benefits of LIC Jeevan Shiromani Plan 847 Now let us see the benefits available under LIC Jeevan Shiromani Plan 847. This plan offers a guaranteed addition. For the first 5 years, the guaranteed addition will be Rs.50 per Rs.1,000 Sum Assured. From the 6th year onward to till POLICY PREMIUM PAYING TERM, this plan offers the guaranteed addition of Rs.55 per Rs.1,000 Sum Assured. 1. Death Benefits of LIC Jeevan Shiromani Plan 847 Under this plan, there are two requirements that must be met in order to pay the death benefits. a) Death d...

  There are different ways in which mutual fund investments can be made. They are: Offline investment directly with the fund house:- By going to the closest branch office of the fund house, you can invest in mutual fund schemes. Just make sure you have a copy of the following documents with you. The fund house will provide you with an application form, which you must complete and submit along with the required paperwork. Proof of Address Proof of Identity Cancelled Cheque Leaf Passport Size photograph Offline investment through a broker:- You will receive assistance from a mutual fund broker or distributor during the full investment process. He will give you all the information you require, such as the characteristics of various plans and the documentation required, to make your investment. He will also advise you on which projects to invest in. He will charge you a fee for this, which will be taken out of the overall investment amoun...

A contract that covers any risk save the danger of death is known as general insurance, also referred to as non-life insurance or property and casualty insurance. The purpose of insurance is to protect ourselves and our possessions, such as our home, automobile, and other assets, from hazards like fire, theft, flood, storm, accident, and earthquake. These are indemnity contracts, in which the insurer guarantees to compensate the insured for any losses. Therefore, the insurance company will compensate the insured for their loss regardless of the policy's coverage amount. Since they are typically one year in length, they must be renewed annually. General insurance comes in the following forms: There are three types of life insurance, discussed: • Whole life assurance: With whole life assurance, the policy's pay out only goes to the nominee or the insured's legitimate heir after the latter passes away. • Term life insurance: In this type of insurance, the policy amount...

Your family's financial stability is crucial to affording medical care today. Family health insurance covers every member of your family for emergency medical costs on an individual or floater basis. A broad network of cashless hospitals, a selection of family health insurance plans, and speedy claim processing are all provided.   What is Family Health Insurance? A type of medical insurance called a "family health insurance plan" provides coverage for every member of your family under a single health insurance policy. With the understanding that not every family member will fall ill at the same time, this plan divides a fixed sum insured among all members. The majority of family health insurance policies provide cashless hospitalization options, maternity benefits, and pre-and post-hospitalization coverage. Why Buy Health Insurance Plans for Family Online? In India, there are numerous family medical insurance packages, making it challenging to select the best on...