BlogBLOG

Employee Deposit Linked Insurance Scheme (EDLI): How can you benefit from it?

Do you know your EPF account, through its scheme called EDLI, provides you with the insurance cover up to Rs.6 Lacs?? In this scheme, you don’t have to invest a single dime from your pocket!! Yes, it is true… The Government of India has introduced the Employee Deposit Linked Insurance Scheme (EDLI) in 1976. Through … Continue reading Employee Deposit Linked Insurance Scheme (EDLI): How can you benefit from it?

ULIP Review: ICICI Prudential Signature Plan – Is it Good or Bad?

Unit Linked Insurance Plans (ULIPs) have always been popular among people. They have some attention-grabbing features such as: They combine the advantages of investment and insurance in a single plan. The benefit of Life Cover. As a result, your money is expected to grow, plus the future of your loved ones will remain protected from … Continue reading ULIP Review: ICICI Prudential Signature Plan – Is it Good or Bad?

How to Resolve Insurance Disputes through Ombudsman?

Disgruntled customers can bring down institutions, brands and products. Organizations therefore take utmost care in laying out detailed guidelines for “grievance redressal”. Arbitrators or ombudsmen are appointed for looking into contentious issues which cannot be resolved at the lower level. They act as a referee and try to reconcile the misgivings which the customer may … Continue reading How to Resolve Insurance Disputes through Ombudsman?