According to an IRDA report — 72 per cent of 2 wheelers that ply on Indian roads are without insurance...... And you are saying that this is a bogus product...... My friend in South india took a dowry of 20
lakhs in marriage.....
10
Lakhs in Bank FD's (Emergency Fund) and 4
Lakhs in Saving accounts.
You can also split your insurance coverage of say Rs 50
Lakhs each in 2 policies to avoid any rejections in future of say in next 10 or 20 years.
and 25
Lakhs in Kotak with critical illness rider.
He is having saving around 5
lakhs in hand and around 300grams of Gold and 10lakhs worth of Plot in Sivakasi.
also he said if i surrender life coverage policy (which is 15 lakh sum assured) i would get 10
lakhs in excess..
This rider offers an additional Sum of Rs. 32
Lakhs in case the life assuredpasses away in an accident.
You'd need to start saving and investing this money today so that you can have Rs. 10
lakhs in 10 years» time.
About two years back, I had invested about Rs. 2
Lakhs in HDFC MF Monthly Income Plan — Long Term — Monthly Dividend.
The premiums you pay for the plan are tax - free up to a limit of Rs. 1.5
lakhs in one financial year.
Rs. 2000 in HDFC Balanced Fund as of now for 3 years Rs. 50000 lumpsum in ICICI Prudential dynamic bond fund — for 1 year Rs. 50000 lumpsum in SBI magnum Gilt fund — for 1 year Term plan of 1 CR from ICICI pru 50000 FD for 1 year around 3
lakhs in emergency fund (bank account)
LIC has settled his policy of 25
lakhs in just 5days time which is the fastest in claim settlement history.
Premium collected in this sector is 8,388
lakhs in 2009 - 10 and is 15,701
lakhs in 2012 - 13.
The average cost incurred in the US in case of a heart attack is $ 760,000 (over 5 crore rupees), compared to Rs. 3.5
lakhs in India.
It may pay Rs. 50
lakhs in case of your death and an additional amount of Rs. 25 lakhs will be paid if the demise has been caused due to an accident.
For example, an MBA degree at present costs between Rs. 12 lakhs and 15
lakhs in a premier university / institute and the current inflation rate is 2.18 %.
PMJJBY, simply put, is a one - year renewal group term insurance plan that offers a lump sum of Rs 2
lakhs in case of death due to any reason, up to the age of 55 years.
At this rate, this fee can go up to as high as Rs 17
lakhs in the next 8 years.
I had taken a Jeevan Anand Policy (Plan No. 149) with SA 10
Lakhs in the year of March 2013.
I've already purchased Max Life Term Insurance of 50
lakhs in Jan 2015.
From the 2nd year onwards, the annual amount will increase by 10 % simple interest every year i.e. Rs. 5.5
lakhs in the 2nd year, Rs. 6
lakhs in the 3rd year, Rs. 6.5
lakhs in 4th year and so on till Rs. 9.5
lakhs in the 10th year.
We have approx 5
lakhs in assests excluding the normal insurance policies taken by my parents in my name.
Personal Accident covers for the owner or driver of the car is offered with a death benefit of 2
lakhs in case of an accidental death.Add - on Covers such as Zero Depreciation cover & Hydrostatic lock cover makes this much beneficial as compared to any other conventional Car insurance plan
Looking forwarded to buy a house for the price of around 80
Lakhs in 2 years.
I have fixed deposit of 3 lakhs, 2 lakhs of PPF, 2
lakhs in Debt MF and 10 lakhs PF amount.
For example — if you have taken a basic policy of 30 lakhs sum assured and accidental death rider of 10 lakhs, your legal heirs will get 40
lakhs in case of death due to accident and 30
lakhs in case of death due to other reasons.
For example: You may be offered a maturity value of Rs 50
Lakhs in 20 years.
The higher limit of Rs. 1.5
lakhs in section 80 C has also presented a good opportunity to customers to increase their exposure to savings across various asset classes.
Section 80C covers investment in various financial instruments including Life Insurance (including Term Insurance, Child Plans, ULIPs, all Savings Plans, Wealth Plans and Pensions Plans, but excluding Health Plans) up to a maximum limit of Rs. 1.50
lakhs in a financial year.
For companies whose gross turnover exceeds Rs. 40
lakhs in a single financial year, it is mandatory for them to undergo periodic audits, as mentioned in the LLP Act.
Service tax, however, is applicable only if the value of services exceeds Rs. 10
lakhs in a single financial year.
Policy covers around 22
lakhs in 19 years.
This is a global fortune company which manages around 520 billion dollars i.e 33.8
lakhs in asset terms.
I believe there wont be any problem in withdrawing Rs 21
Lakhs in cash.
i have 5
lakhs in fixed deposits.
I bought a flat with a home loan from ICICI bank by borrowing 20
lakhs in 2012.
so, can expect 25 — 30
lakhs in 2024?
i am retired & I have corpus of 30
lakhs in all through various investments.
I am planning to invest lump sum of 7
lakhs in a short term bcoz I want to take it back after one year.
I am retired person from a Bank and need to invest about 25
lakhs in various mutual funds.
Have a 50 lakhs home loan taken 2 years back and probably 5
lakhs in bank.
Somebody is asking me to invest 18
lakhs in MF's for 5 yrs, Now he wants me to take this amount from bank at 10.15 % interest for 20 yrs, but he says that I can earn well after the interest component payment after 5 yrs.
If i want 7 lakhs - 10
lakhs in next 3 yrs then how much SIP should i start and in which fund should I start investing?
I am planning to invest 10
Lakhs in equity by end of this year, will it be ok if I invest all 10 Lakh in your recommended stocks or will it be more logical to mix my portfolio with these mid-cap and blue - chip or large cap stocks.
Im Planning to Invest 2
Lakhs in Mutual Fund, Kindly Guide me, Which Lumpsum MF Product Suits my investment?
Rs 1.30
lakhs in Kotak Income opportunity.
I had invested 2
lakhs in it last year, and it has given me a return of 6.5 % as on Aug» 17.
Let us take the earlier mentioned example where property price grew from Rs 15
lakhs in 2005 to Rs 75 Lakhs today.
I think I made a bad investment of 30
Lakhs in ICICI Lifestage pension (ULIP) in 2009 with around 3 % management fee and 1 % exit load.
Presently, I have 70
lakhs in bank FD and post office.