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Revival Of Ulips

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Better to revive old LIC policy or buy new one?

LIC is currently allowing customers to revive policies that have lapsed for more than two year, points out Sanjay Kumar Singh. Photograph: Kind courtesy Pixabay   Many policyholders allow......

Why you must revive your lapsed insurance

The advantage of reviving a lapsed policy is that the interest that is normally charged on unpaid premium is waived off. Illustration: Dominic Xavier/Rediff.com Life insurance companies hold......

The new Insurance Bill will breathe life into the ailing sector

The landmark bill will provide greater muscle to the ailing insurance sector.  Image: Insurance sector needs immediate attention of the government. Photograph: Sahil Salvi/Rediff  The......

Too many regulators bad for the economy

The proliferation of sectoral watchdogs has created competing and overlapping jurisdictions. The process urgently needs to be streamlined for the government to deliver policy reforms effectively,......

Extend your insurance cover on paid-up policies

In case you are unable to pay premiums any more in your traditional or unit-linked insurance plans (Ulips), you can use the paid-up option. Here, the policy continues to remain valid. However, its......

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