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Endowment Policy News

7 New Changes To Insurance Plans That Come Into Force On 1 December

The Insurance Regulatory and Development Authority of India (IRDAI) has changed guidelines on insurance products, especially in the ULIP segment, that will come to force from 1 December 2019. Insurance companies will tweak their products to fit the changes and ...

5 Things To Note On a Benefit Illustration Of A ULIP Or Endowment Insurance Policy

It is common for insurance agents to exaggerate the benefits and returns made on a policy, just to make a sale. To avoid consumers from being mis-sold products, the IRDAI (Insurance Regulatory and Development Authority of India) in September had instructed ...

LIC Jeevan Shree-I: A Policy for High Networth Individuals

The LIC Jeevan Shree I is an Endowment Assurance plan with many convenient premium paying terms. The main aim of this policy is to provide financial protection against death throughout the term of plan with the payment of maturity amount on ...

How are endowment policies beneficial?

An endowment policy is an extremely intelligent step to take when you are thinking of investing in life insurance. It is a policy that offers you the important life insurance cover that you need, as well as the benefit of ...