PrimeInvestor - Articles and Reports

Critical Illness plan review: Star Critical Illness Multipay Insurance Policy
Insurance
Pavithra Jaivant

Critical Illness plan review: Star Critical Illness Multipay Insurance Policy

To secure your finances against health emergencies, Primeinvestor recommends combing a hospitalization plan with a critical illness cover. Our earlier article has discussed ‘What to look for in a critical illness health plan’ in detail. We subsequently shortlisted a few critical illness covers, from which we reviewed Activ Secure Critical Illness Plan by Aditya Birla Health Insurance, Criti Care policy by Bajaj Alianz General Insurance and IFFCO Tokio’s Critical Illness Benefit Policy. Here, we review the Star Critical Illness Multipay Insurance Policy. We think this plan has a good structure without being over-complicated.

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How to use the free look period
Insurance
Pavithra Jaivant

How to use the free look period

If one acts quickly, a bad or unsuitable insurance purchase can be reversed. Here, we tell you about how you can use the free look period in life and health insurance policies to your benefit.

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Prime review: LIC’s Dhan Sanchay
Insurance
Bipin Ramachandran

Prime review: LIC’s Dhan Sanchay

LIC’s Dhan Sanchay offers a guaranteed income or a guaranteed lumpsum benefit, in return for either single or regular premium payments. It also provides life cover. This is a non-linked, non -participating, individual savings plan. This effectively means that the returns from this plan are not linked to the market or LIC’s own performance.

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A health insurance policy for the cost-conscious buyer
Insurance
Bipin Ramachandran

A health insurance policy for the cost-conscious buyer

When it comes to health insurance, PSU insurers may not offer the friendliest products, but they certainly score on claims settlement and affordability. Here, we review an affordable policy from a PSU insurer with a good claim settlement record.

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Arogya Rakshak, LIC, LIC Arogya Rakshak
Categories
Pavithra Jaivant

LIC Arogya Rakshak – should you go for it?

The LIC Arogya Rakshak falls somewhere in between a hospital daily-cash policy and a critical illness cover. It is an individual health insurance plan from a life insurer that provides a definite benefit unlike indemnity health covers that only reimburse hospital expenses. It can be taken either on an individual or a family floater basis, with one member being the Principal Insured (PI).

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LIC New Jeevan Anand, LIC New Jeevan Anand Policy
Categories
Bipin Ramachandran

What’s your return from LIC New Jeevan Anand policy?

The most popular of such endowment policies is a policy called the “LIC New Jeevan Anand”. It makes a simple, attractive proposition to its policyholders – pay a premium for ‘n’ number of years and get a fixed sum assured PLUS bonus at the end of this period. AND, when the policyholder dies post this period, the family will get the sum assured again. You benefit when you live and your family benefits when, eventually, you die!

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Jeevan Akshay
Insurance
Aarati Krishnan

Prime Review: LIC Jeevan Akshay VII

LIC has launched Jeevan Akshay VII – the latest version of its popular immediate annuity plan. So should retirees looking for regular income go for it? Here’s an analysis of its pros and cons.

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