| Bajaj Allianz Protector Plan Posted: 05 Nov 2013 12:19 AM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) Bajaj Allianz Protector | | | | Objective | | This policy aims to repay an outstanding loan on death of the policyholder, protecting family members from a loan liability. | | | | | What does it do? | | This is a simple mortgage term insurance plan that pays sum assured equal to the outstanding loan amount (as per the loan schedule) on death of the life insured. In case the loan was taken jointly, the policy covers both applicants and death benefit is paid on first death of any of the co-borrowers. The policy does not offer any surrender or maturity value. | | | | | Pros | | A lapsed policy can be revived within 5 years from the date of lapse, a considerably long period as compared to other policies.
There is no maximum limit on sum assured in the plan. | | | | | Cons | | The policy does not factor interest rate changes that affect loan amount during the term of the loan. | | | | | Suited for | | One can take this policy to protect the family against a specific liability like a home loan. | | | | | Our View | | Consider this policy if you have to repay an outstanding loan or intend to take one in future. The plan can cover loan amount as low as Rs 2 lakh without any maximum limit. However, the policy does not consider interest rate changes during the loan term, which is a limitation. | | | |
| | | | Eligibility | | | | | | | Entry Age (years) | | | | | | | Minimum | | 20 | | | | | Maximum | | 55 | | | | | Maximum Maturity Age (years) | | 65 | | | | | Policy Term (years) | | | | | | | Minimum | | Single Premium: 2; Regular Premium: 5 | | | | | Maximum | | 30 | | | | | Sum Assured (Rs) | | | | | | | Minimum | | 200000 | | | | | Maximum | | No limit | | | | | Minimum Premium (Rs) | | | | | | | Yearly | | 1000 | | | | | Half-Yearly | | 700 | | | | | Quarterly | | 450 | | | | | Monthly | | 175 | | | | | Single | | 2500 | | | | | Premium Payment Frequency | | Single, Yearly, Half-Yearly, Quarterly, Monthly(through ECS) | | | | | Premium Payment Term | | Single, Limited (2/3rd of loan term) | | | | | Premium Factor (multiply with annual premium) | | 0.51 for Semi Annual mode, 0.26 for quarterly mode and 0.09 for monthly mode | | | | | Policy Cover | | Cover remains same throughout the policy term. | | | | | Other Features | | | | | | | Free Look Cancellation | | In case, you are not satisfied, you may choose to cancel the policy within 15 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered. | | | | | Grace Period | | You are allowed to pay premiums within 30 days from the due date for Yearly, Half yearly and quarterly premium payment modes and 15 days in case of monthly premium payment mode.. If a due premium is not received within the grace period, your policy will lapse and the life insurance cover will be terminated. | | | | | Lapsed Policy Reinstatement | | You can reinstate your lapsed policy any time (within 5 years from the due date of the first unpaid premium) by paying all the due premiums with interest and undergoing underwriting requirements, if any. | | | | | Tax Benefits | | Section 80C, 10(10D) of the Income Tax Act, 1961 would apply. | | | | | Exclusions | | In case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable. | | | | | Customer Service | | | | | | | Address | | Bajaj Allianz Life Insurance Company Limited,
G.E. Plaza, Airport Road, Yerawada, Pune - 411 006. | | | |
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) - ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
------------------ Best Performing Mutual Funds - Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
 |
| Birla Sun Life Protector Plus - Level Sum Assured Posted: 04 Nov 2013 10:57 PM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) Birla Sun Life Protector Plus - Level Sum Assured | | | | Eligibility | | | | | | | Entry Age (years) | | | | | | | Minimum | | 18 | | | | | Maximum | | 65 | | | | | Maximum Maturity Age (years) | | 75 | | | | | Policy Term (years) | | | | | | | Minimum | | 5 | | | | | Maximum | | 30 | | | | | Sum Assured (Rs) | | | | | | | Minimum | | 5000000 | | | | | Maximum | | No limit | | | | | Premium Payment Frequency | | Yearly, Half-Yearly, Quarterly(via ECS), Monthly(via ECS) | | | | | Premium Payment Term | | Equal to Policy term | | | | | Premium Factor (multiply with annual premium) | | 0.519 for half-yearly premium, 0.265 for quarterly and 0.090 for monthly instalments | | | | | Policy Cover | | Cover remains same throughout the policy term | | | | | Other Features | | | | | | | Free Look Cancellation | | In case, you are not satisfied, you may choose to cancel the policy within 15 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered. | | | | | Grace Period | | You are allowed to pay premiums within 30 days from the due date. If a due premium is not received within the grace period, your policy will lapse and the life insurance cover will be terminated. | | | | | Lapsed Policy Reinstatement | | You can reinstate your lapsed policy within 2 years from the due date of the first unpaid premium by paying all the due premiums with interest and undergoing underwriting requirements, if any. | | | | | Tax Benefits | | Section 80C, 10(10D) of the Income Tax Act, 1961 would apply. | | | | | Exclusions | | In case of death by suicide during the first policy year, or within one year from the date of reinstatement, no death benefit is payable. | | | | | Customer Service | | | | | | | Address | | Registered office:
Birla Sun Life Insurance
One Indiabulls Center, Tower I,
15th & 16th Floor, Jupiter Mill Compound,
841, S.B. Marg, Elphinstone Road, Mumbai 400013
Write to us at :
Birla Sun Life Insurance
5th & 6th Floor, G-corp Tech park,
Ghodbunder Road, Near Kasar Wadavali police station,
Thane ( W ) 400601 | | | | | Mail To | | customerservice@birlasunlife.com | | | | | Call On | | 1-800-270-7000; + 91 22 43569000 Between 9 am to 9 pm, Monday to Saturday | | | | | SMS | | BSLI' to 56161 | | | | | Additions to the Plan | | | | | | | Available Rider(s) | | BSLI Accidental Death and Disability Benefit Rider: covers death due to an accident, Permanent disability caused due to an accident.
Critical Illness Benefit Rider: It covers 4 critical illnesses namely; Heart Attack, Cancer, Stroke and Major Organ Transplant. A survival period of 30 days is applicable to claim the benefit.
BSLI Waiver of premium Rider: It is applicable on all future premiums of the base plan and riders for the rest of the policy term or till the proposer (in case of child plans) attains the age of 70 years or on termination of the policy, whichever occurs earlier. This rider becomes active in the following cases; Disabled due to an illness or accident, Diagnosed with any of the four specified critical illnesses, Death of the proposer in case of child insurance plans.
BSLI Surgical Care Rider: For surgeryin India that calls for a minimum of 48 hours hospitalisation involving brain, heart (including coronary arteries), liver or lung, the lump sum benefit amount payable would be 5 times the chosen benefit and for any other surgery, the benefit will be equal to the chosen benefit amount. The policyholder can claim up to 10 times the chosen benefit during one policy year and up to 50 times during the entire policy term.
BSLI Hospital Care Rider: It offers a Daily Cash Benefit ranging between 600 to 6000 rupees on admission to hospital for medical necessity for a period of at least 48 hours.
An additional ICU benefit of 100 per cent of daily cash benefit is also payable for a maximum of 15 days during the policy year.
A policyholder can claim 100 times the chosen daily cash benefit in one policy year and 250 times the chosen daily benefit amount in entire policy term.
A recuperating benefit in lumpsum which is equivalent to 3 times the chosen daily cash benefit for continuous hospitalisation of 7 or more days for the same injury or disease, a lump sum benefit will be payable. However, the policyholder must be alive to claim the benefit under this rider. | | | | | Rider Conditions | | | | | | | Entry Age (years) | | | | | | | Minimum | | 18 | | | | | Maximum | | 65 | | | | | Maximum Maturity Age (years) | | 70 | | | | | Rider Term (years) | | | | | | | Minimum | | Same a base policy term or attainment of 70 years of age whichever is earlier. | | | | | Maximum | | Same a base policy term or attainment of 70 years of age whichever is earlier. | | | | | Sum Assured (Rs) | | | | | | | Minimum | | BSLI Accidental Death and Disability Rider, BSLI Critical Illness Rider: 75000; BSLI Surgical Care Rider, Hospital care rider: 1.5 lakh | | | | | Maximum | | BSLI Accidental Death and Disability Rider, BSLI Critical Illness Rider: Rs 50 lakh; BSLI Surgical Care Rider, Hospital care rider: 15 lakh, subject to maximum of 100 per cent of base plan sum assured | | | | | Rider Premium (Rs) | | For instance premiums that a 30-year old male, will pay for each rider with Rs 5 lakh sum assured for a premium paying term of 10 years is given below:
BSLI Accidental Death and Disability: 750
BSLI Critical Illness: 900
BSLI Surgical Care: 1005
BSLI Hospital Care: 1000
BSLI Waiver of premium(Rs 50 lakh Sum Assured): 243 | | | |
Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) - ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
------------------ Best Performing Mutual Funds - Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
 |
| Reliance Close Ended Equity Fund - Series A Posted: 04 Nov 2013 09:41 PM PST Invest In Tax Saving Mutual Funds Online Call 0 94 8300 8300 (India) Though the domestic & global macro economic conditions have been challenging in these 5 - 6 years there are some signs of improvement with some of larger economies recovering and even at domestically there is increased expectations of better policy decisions. However as is always given the current disillusionment with equities all the positive news flows are ignored or viewed with total scepticism.
Given these market sentiment & condition we believe there are enough good quality companies with sustainable business models & proven track records that are available at Low Absolute valuations. We expect some of these ideas to generate Multi Bagger returns over the medium to long term.
We propose to capture some of these ideas in our New Fund Offering of Reliance Close Ended Equity Fund - Series A.
NFO Opens: Nov 15, 2013
NFO Closes: Nov 29, 2013
Tenure - 5 Years from the date of allotment of units
Some of key product highlights are: - Fund will focus on owning stocks as businesses and valuing them for their "absolute return" potential
- Focus will be on quality companies with long track record currently beaten down due to lack of participation, lack of research, low near term expectation & other non fundamental reasons
- Investment framework:
- Solid businesses at low absolute valuations
- Ability to generate sustainable free cash flows and low Balance Sheet stress.
- Companies which can offer high operating leverage not getting captured in to valuations.
- Sustainable business characteristics with 10-20 year operational track record which are at an inflexion point to scale up.
Key Themes:- Scalable Opportunities (themes like Retail, Media, etc., which are nascent in India but are large globally and offering huge potential for scaling-up)
- Out of Favor (unloved & under-researched companies & yet offering tremendous investment value)
- Distressed Valuations (companies which are unduly impacted by non-fundamental reasons and offering attractive investment opportunities)
- Corporate Actions (companies which are potential beneficiaries of corporate actions such as merger, buy back, etc)
Niche offering (through select focus partners) with a view to manage a portfolio of relatively high conviction bets (25 - 30 stocks) & optimum size Happy Investing!! We can help. Call 0 94 8300 8300 (India) Leave your comment with mail ID and we will answer them OR You can write back to us at PrajnaCapital [at] Gmail [dot] Com --------------------------------------------- Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C. Invest Tax Saving Mutual Funds Online Tax Saving Mutual Funds Online These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving) Download Tax Saving Mutual Fund Application Forms from all AMCs Download Tax Saving Mutual Fund Applications These Application Forms can be used for buying regular mutual funds also Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds ) - ICICI Prudential Tax Plan Invest Online
- HDFC TaxSaver Invest Online
- DSP BlackRock Tax Saver Fund Invest Online
- Reliance Tax Saver (ELSS) Fund Invest Online
- Birla Sun Life Tax Relief '96 Invest Online
- IDFC Tax Advantage (ELSS) Fund Invest Online
- SBI Magnum Tax Gain Scheme 1993 Invest Online
- Sundaram Tax Saver Invest Online
- Edelweiss ELSS Invest Online
------------------ Best Performing Mutual Funds - Largecap Funds Invest Online
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
- Birla Sun Life Front Line Equity Fund
- Large and Midcap Funds Invest Online
- ICICI Prudential Dynamic Plan
- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds Invest Online
- Reliance Equity Opportunities Fund
- DSP BlackRock Small & Midcap Fund
- Sundaram Select Midcap
- IDFC Premier Equity Fund
- Small and MicroCap Funds Invest Online
- DSP BlackRock MicroCap Fund
- Sector Funds Invest Online
- Reliance Banking Fund
- Reliance Banking Fund
- Tax Saver MutualFunds Invest Online
- ICICI Prudential Tax Plan
- HDFC Taxsaver
- DSP BlackRock Tax Saver Fund
- Reliance Tax Saver (ELSS) Fund
- Gold Mutual Funds Invest Online
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
 |
No comments:
Post a Comment