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Entries from June 23rd, 2009

Kotak Smart Advantage Plan

June 23rd, 2009 22 Comments

Kotak Smart Advantage plan is a ULIP plan from Kotak Life Insurance. This plan comes with up to 100%* premium allocation. It is important to notice the star (*). The 100% premium allocation is only from second year that too when the annual premium is over INR 36,000. Point to be noticed is that the [...]

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ICICI Prudential InvestShield Life New

June 3rd, 2009 5 Comments

ICICI Prudential InvestShield Life new is a premium guarantee plan.
What does it mean by premium guarantee?
In ULIP plans a part of the premium is invested in either equity or debt market or both. This part of the premium along with the return it generates is called the fund value. Mortality charges and policy administration charges [...]

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