Recently, Bharti AXA Life announced to launch two new insurance plans - Bright Stars Power Plus and Wonder Years Retirement Plan.Wonder Years Retirement Plan is a retirement plan of Bharti AXA Life. It is a traditional product and offer combined benefits of guaranteed returns and life insurance cover.Bright Stars Power Plus is a child plan of Bharti AXA Life. The insurance plan is featured with protecting and building savings for the child's key lifestages.An online news portal about business and economy - economictimes.indiatimes.com, quotes a statement of Bharti AXA Life Chief Marketing & Operations Officer Mark Meehan, “Both the products are based on extensive consumer research and hence address the needs highlighted by customers. They have been specifically designed to provide returns at the key life stages.”So,...
Samridhi Plus Launched by LIC under ULIP Portfolio
Recently, Life Insurance Corporation of India launched - Samridhi Plus. It is launched under unit linked portfolio. It is aimed to offer insurance protection, safety and growth.An online news portal about business and economy - economictimes.indiatimes.com, writes about the Samridhi Plus, “The minimum age at entry level for Samridhi Plus is 8 years while the maximum age is 65 years.The minimum premium ranges from Rs 1500 (monthly - ECS) to Rs 30,000 (single premium) depending on the mode of payment while the maximum is Rs 1 lakh per annum under any mode for the 5 year premium paying term.”So, LIC has minimized and maximized the age of entry level for the Samridhi Plus. There is 8 years minimum age and 65 years maximum age for the insurance policy.Premium of Samridhi Plus is also affordable and flexible which starts from...
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