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Aditya Birla Nuvo sold 23% stake in Birla Sun life insurance to Toronto based Sun Life Financial for Rs 1,664 crore

aditya birla sold 23% stake

Aditya Birla Nuvo sold 23% stake in Birla Sun life insurance On 2nd December 2015, Aditya Birla Nuvo announced that it will sell 23% stake in Birla sun life insurance. The Birla Sun life insurance is a joint venture between Aditya Birla Nuvo Limited a part of the Aditya Birla Group and Canadian life insurance company […]

Bajaj Allianz Guarantee Assure – Review

Bajaj Allianz Guarantee Assure Bajaj Allianz Guarantee Assure plan is A life insurance plan which offers guaranteed returns on regular premium. This is a short term plan with limited Premium payment option. Type of plan          : Endowment Non participating Returns                    : Fully Guaranteed Tenure […]

Aviva wealth Builder plan- Review

Aviva Wealth Builder plan Aviva wealth builder is an Life insurance plan that doubles the total amount of premiums paid and returns it as a lump sum at maturity, guaranteed. Life cover is an additional benefit. Type of plan      : Endowment Non participating Returns              : Fully Guaranteed […]

Asim premji’s Premji Invest to buy 6% stakes at ICICI Prudential

Asim premji’s Premji Invest to buy 6% stakes at ICICI Prudential MUMBAI: ICICI Bank has agreed to sell 6%t stake in its life insurance venture(ICICI Prudential) to an investment company of Azim Premji and an arm of Singapore government-owned Temasek Holdings for Rs 1,950 crore. The deal values the company at Rs 32,500 crore, which […]

@ 4% and @8% Assumed Rate of Return in Traditional policies – Illusion

What is a sales illustrations? The illustrations help a customer to understand a policy in a better way. Basically, a benefit illustration is a year-by-year summary of costs and benefits and how costs will affect the growth of your fund. While costs are known in the policy, one needs to assume a rate of return […]

Top 10 Annuity Rates in India – Life Annuity option

Top 10 Annuity Rates in India – Life Annuity option In India we have 24 insurance companies who are selling life insurance policies out of which only 16 companies are selling the pension plans. And only 15 companies are providing the Immediate Annuity option. But not all these companies are very transparent enough to provide […]

Max Life Insurance Company profile

Max Life Insurance Company Ltd. (Formerly Max New York Life)(www.maxlifeinsurance.com)–  is a joint venture between Max India Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max New York Life Insurance was incorporated in the year 2000 in partnership with New York Life, a Fortune 100 company. As a part of global strategic alignment across the globe, […]

Retirement Guide – How to retire with Pension

Retirement Guide-How to retire with Pension: Age wise guide.  In today’s scenario, with improved life expectancy rate many of us can expect 45 years in employment followed by 30 years of retirement, possibly living on until you’re in your nineties. Now think. How sure are you that your pocket is full for the whole three […]

LIC New Endowment Plus – Review

LIC New Endowment Plus – Review – Plan No 835 LIC New Endowment Plus Plan – LIC has launched a new ULIP (Unit linked assurance plan) plan on table which came to effect from 17th August, 2015. The new plan is an Endowment Plan (Plan no. 835) having unique identification number of 512L301V0. Lets understand the Features, […]

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