A responsibility towards your familyLife Insurance ensures that your family will receive financial support in your absence. It protects your family any kind of from financial crisis. It also acts as a money-saving scheme. In the fast paced and very fragile life style and stressed lives we live, insuring life itself has become a necessity so that your family have a financial support if anything Read Full Story

After much thought, I believe I have an alternative that could not only help many, but may be cheaper as well. This alternative can be used freely by any Representative or Senator in the event that Congress is not able come to terms with their own plans. I will also allow them to take complete credit for this idea, so long as they send me a thanks and a reminder to vote for them come the Read Full Story

Private sector, HDFC Standard Life Insurance, on Monday said it planned to infuse Rs 350 crore in the current fiscal to maintain the current industry growth rate of 10 to 15 per cent in premium collection. "While Rs 50 crore has already been infused, Rs 300 crore will be raised in the next few months'', HDFC Standard Life Principal Officer and Executive Director, Mr Paresh Shreesh Parasnis, Read Full Story

In 1994, the entire MF industry in the country managed assets of about Rs25,000 crore, with almost all of it in closed-end funds. Compare this with the volumes today: with around 3,500 funds (and over 10,000 plans), hacking through the thicket of near-identical funds is a daunting task. We profile the top 5 fund houses, their strategies and key drivers. Despite having been around for about a Read Full Story

The Indian life insurance industry is expected to grow by about 15 per cent in the current financial year to touch a total premium income of Rs 2,55,000 crore in 2009-10."Despite the slowdown in the economy, life insurance industry has continued to grow as policyholders are realising the value of insurance. We continue to be optimistic about the future of the insurance business in India and Read Full Story

Private sector life insurance company HDFC Standard Life said on Friday it plans to come out with an Initial Public Offer (IPO) in the next financial year. "We have plans to come out with an IPO in 2010-11 though our board has not yet set a specific deadline. It (IPO) is still in the works,'' Mr Paresh Shreesh Parasnis, Executive Director and Principal Officer, told reporters here. However, Mr Read Full Story

Life insurance company ICICI Prudential Life has introduced ICICI Prudential Pinnacle, a new ULIP, which is a long- term wealth creation plan. It offers customers an advantage of varying exposure to equities along with downside protection, thus providing the much needed long term security, according to the company. ICICI Prudential says that Pinnacle guarantees the highest net asset value (NAV) Read Full Story

There’s not much cool factor in life insurance. Many of the common perceptions of the industry as staid and frightenly conservative have some basis of truth behind them. Finally, something exciting in the world of life insurance. Hybrid term life insurance. Let’s take a look at one of the many shoots of innovation now entering the market much to your benefit. We have wondered when the life Read Full Story

ICICI Lombard General Insurance Company Limited is a 74:26 joint venture between icici bank limited india's second largest bank and fairfax financial holdings limited a Us $ 26 billion diversified financial services corporate engaged in general insurance, re insurance, insurance claims management and investment management.Lombard canada LTd a group of company of fairfax financial holdings Read Full Story

With newer cars you want to protect your investment in case of an accident or a disaster that damages the car. And if your vehicle is financed, the originator of your car loan may require a certain level of insurance until the car is paid off. Another reason to carry at least a minimum of auto insurance is all states require every car on the road to be covered by bodily injury and property Read Full Story