Irda for govt-backed health insurance scheme

The Insurance Regulatory and Development Authority (Irda) has strongly come out in support of a government-backed health insurance policy, which is in the works with an aim to provide health cover to a large population. “Why not we have a state-backed health insurance coverage for people when practically all the governments in the world have similar coverage for their citizens,” Irda chairman J Hari Narayan said. He was referring to a meeting of a group of experts in the Planning Commission today on the new health insurance scheme.http://www.myallagents.com/Irda-for-govtbacked-health-insurance-scheme/details.html

Uncovered

Twelve years ago India’s insurance sector, till then a preserve of government-owned companies, was thro­wn open to the private sector. In these years India has emerged as the world’s 11th largest insurance market in terms of premium, and has drawn global giants. 
.http://www.myallagents.com/Uncovered/details.html

Investment opportunity promises guaranteed, rapid high returns

With the stock market in turmoil in recent months and numerous other investments losing their appeal, many people are looking for ways to earn back the funds they’ve lost on stocks or to get some positive returns on the money they have left. Unfortunately, there are many con artists out there trying to take advantage of people eager to offset their market losses. The Virginia Society of CPAs offers tips on how to avoid being scammed 
http://www.myallagents.com/Investment-opportunity-promises-guaranteed-rapid-high-returns/details.html 

A to Z of Issuing a Whole Life Insurance Policy

ou've determined the amount of life insurance coverage you need, decided on the type of policy you want, and you've shopped around for life insurance quotes. You've even selected a carrier and completed an application--now what 

While each carrier has its own procedures, most insurers review applications and issue policies using similar methods.

Initial Review 
http://www.myallagents.com/A-to-Z-of-Issuing-a-Whole-Life-Insurance-Policy/details.html 

Personal Accident Insurance Online

Sometimes even a small accident or mishap can throw your financials out of gear.Get insured to be prepared for those trying times.

Accident Shield Online Insurance is a worldwide, Personal Accident Cover that is specially designed to protect you from the following unforeseen events - Death, Total Disability and Permanent Partial Disability. This comprehensive policy will help your family meet its financial commitments in the hour of need. 

http://www.myallagents.com/Personal-Accident-Insurance-Online/details.html 

Health Insurance Guide

Health has always been uncertain. We can try our best to keep fit, but after a certain age the expenses on health do increase. Its better to keep ourselves insured under a Medical Plan to make sure that our medical expenses are taken care of.
If we talk about Individual Health Insurance Plans in US, they are designed to help an individual and their families access care and cover the medical cost of receiving medical services from any physician, hospital or other provider 
http://www.myallagents.com/Health-Insurance-Guide/details.html

Needs And Benefits Of Insurance

nsurance is a form of risk management primarily used as a protection against the risk of loss. It transfers the risk of a loss, from one entity to another, in exchange for a premium. The insurance rate is a factor used to determine the amount called the premium, to be charged for a certain amount of insurance coverage. 
.http://www.myallagents.com/Needs-And-Benefits-Of-Insurance/details.html 

How to Become an Insurance Agent

How to Become an Insurance Agent A successful insurance agent must be an excellent salesperson with an outgoing personality. The agent must also possess superior mathematical skills and constantly keep up-to-date on any changes within the Insurance Industry  .http://www.myallagents.com/How-to-Become-an-Insurance-Agent/details.html

LIC to invest more in state-run enterprises

nsurance companies have been the biggest buyers of equity in 2010. Life Insurance Corp. of India (LIC) has invested nearly Rs7,000 crore since January, chairman T.S. Vijayan said in an interview.

He also spoke of the insurer’s investment plans, and discussed its aggressive bidding at state-run power utility NTPC Ltd’s follow-on public offer (FPO), which has sparked claims that the government was using LIC to lure other institutional investors to its divestment programme. Edited excerpts: 

http://www.myallagents.com/LIC-to-invest-more-in-staterun-enterprises/details.html 

Life Insurers' Losses Mount 43% in FY09

The life insurance industry posted a loss of Rs 4,878 crore in the financial year 2008-09, as against a loss of Rs 3,413 crore in 2007-08, according to data released by the Insurance Regulatory and Development Authority in its annual report.
http://www.myallagents.com/Life-Insurers-Losses-Mount-43-in-FY09/details.html

Home Insurance Plan From

A ULIP was caught the world’s fancy in the 1960s when it originated in Britain. Soon after, they became some of the most popular insurance products in Europe and then the US. India, prior to opening up the insurance sector, had no experience with these products and have only recently been exposed to ULIPs
http://www.myallagents.com/What-is-ULIP/details.html 

Home Loan EMI Calculator

1. Premium Allocation Charge:

1.1 This is a percentage of the premium appropriated towards charges from the premium received. The balance known as allocation rate constitutes that part of premium which is utilized to purchase (investment) units for the policy. The percentage shall be explicitly stated and could vary interalia by the policy year in which the premium is paid, the premium size, premium payment frequency and the premium type (regular, single or top-up premium).
http://www.myallagents.com/Charges-In-ULIP/details.html

LIFE INSURANCE – A convenient tool to secure future & build wealth

As the name suggests Life Insurance is basically a way to protect your family by substituting your income generating ability, in case of your death. All the financial planning would be a waste if you are not around to execute the plan. Insurance steps in to address any such eventuality.
In our country people normally buy life insurance products as a tax saver, an investment and a life cover. Though a good insurance product meets all the three benefits but the order of purpose of buying insurance is wrong. Ideally the sequence of buying insurance should be Life cover first, Investment second and lastly tax benefits.
http://www.myallagents.com/LIFE-INSURANCE-A-convenient-tool-to-secure-future-and-build-wealth/details.html

ULIP Vs Fixed Deposits

It is quite evident that an investment gives you financial freedom. If you invest your money from the beginning, you need not to worry about the future financial necessities. As future is uncertain, and there may be a situation in your life where you require a large amount of money to get out of that situation with minimal loss. So as to effectively protect yourself from such type of situation, you must inculcate the habits of saving and investing. It may be because of your children’s education, marriage or medication.
http://www.myallagents.com/ULIP-Vs-Fixed-Deposits/details.html

Life Insurance FAQs

Traditionally, insurance policies have been sold directly by the insurance company’s agent. Now they are even being sold online.
Recently, the concept of bancassurance i.e. the sale and distribution of insurance products through banks has also gained significance. Many insurance companies have tied up with banks to sell insurance products. One of the advantages of purchasing a policy through a bank is the enhanced convenience of receiving financial advisory services under one roof. It also means easy access for premium payments and claims, if any.
http://www.myallagents.com/Life-Insurance-FAQs/details.html

Insurance Leads Guide – Your Guide To Success

You could select the best insurance plan for your requirements       after  reading our insurance articles. Be insured and stay secured forever. However, it is not just by getting any service provider. In order to select the right insurance provider for you, you need to ask at least three questions. How do insurance companies cope with credit crunch? Why should you go in for life settlement? What are the three main reasons why you should get an insurance policy? Read on and find the answers.http://www.myallagents.com/Insurance-Leads-Guide-Your-Guide-To-Success/details.html

Understanding Internet Insurance Leads

There are several types of internet insurance leads. One, the exclusive lead is often preferred by most agents seeking internet buyers. The internet marketing company only sells this particular lead to one financial professional. Generally, the cost to the agent will be significantly higher than buying one that is called a "shared lead," which can be sold typically to 3 to 5 insurance agents. Nevertheless, independent agent can benefit from a shared lead program, if he or she is able to contract with any insurance company. Some insurance lead programs generate leads for you through their website, while showing an actual biography of your services and products. Often, there is a monthly charge ranging from $25 to $175 per month.
http://www.myallagents.com/Understanding-Internet-Insurance-Leads/details.html 

Middle Class – Is Savings Compulsory or Optiona

Majority of the people in India are categorized under middle class segment.
Therefore, the chances of fulfilling their requirements are undoubtedly low.
If we look at the current scenario,
http://www.myallagents.com/Middle-Class-Is-Savings-Compulsory-or-Optional/details.html

Whole Life Insurance and the Waiver of Premium Rider

Whole life insurance provides financial security for you and your family. Once you purchase a policy, you don't want to lose the coverage. But if you become injured and are unable to work,  and as a result cannot pay your premiums, your whole life insurance policy may be put in jeopardy. Adding a waiver of premium rider to your policy may safeguard your life insurance coverage.

http://www.myallagents.com/Whole-Life-Insurance-and-the-Waiver-of-Premium-Rider/details.html

Solving Your Problems

Solving Your Problems
Having problems and challenges in life is something we all face at one time or another. For most people, problems drag them way down emotionally and almost completely drain the life energy out of them.
But it doesn't have to be that way. By making a few simple adjustments in the way you view and react to your life's problems, you can quickly be on your way to eliminating the dilemma and living a better, healthier and happier life.

It all starts by making a small "shift" in your attitude towards problem solving.

http://www.myallagents.com/Solving-Your-Problems/details.html