Reach us at the following Address and Phone numbers:
.
Invest-Inn
21, Mann Hsg,
Wakad, Aundh AnxPune, 411017
Phone: +91 94 2353 2005
http://investinn.tripod.com/
http://investinn.blogspot.com/
http://licagent.tripod.com/
money_insurance@yahoo.com
Thursday, February 14, 2008
Services
What We Deliver:
You can find various tips and resources that will help you saving your hard earned money. There are lots of financial schemes available in India. Many of them provide you guaranteed returns, high interest rates and tax savings.These financial plans not only provide you money growth but also provide you with financial security at various steps in your life. It depends on your needs which product suits you best.Novices, who are lured into the markets with expectation of high returns, often burn their fingers. Volatility is an integral part of investments that also promise good returns. Investing early helps you in gradual wealth creation.Minimize your tax outgo, maximize what you keep.
Our Philosophy
We believe serving our clients is the most important aspect of our business. We were founded on the belief that the customer always comes first. This philosophy continues in our work today and into the future.
We Specialize Inn
Asset Insurance- Home, Auto, Shop Showroom, Shopkeeper.Health Insurance- Personal, Family, Medical, Critical Illness.Life Insurance- Money Back, Children, Whole Life Plans.Postal Saving- Time Deposit, Fixed Deposit, Recurring Deposit,
Monthly Income Scheme, NSC, KVP and other Deposit schemes.LIC- Insurance, Pension, Unit Plan, Special & Joint Life Plans.
We just don’t sell “We customize as per your requirement”
Products
LIC- Policies:Money back, Endowment, Whole life, Children money back, Pension plan.Vehical Insurance with money back Scheme.Postal Savings: NSC, KVP, PPF, R.D, MIS, Time Deposits. General insurance products:Auto insurance, Health insurance, Senior citizen, Medical insurance, Shopkeepers insurance, Fire InsuranceFixed Deposits. Unit Trust of India.PAN Card Service.Personal Insurance.LIC Agent, Insurance Agent.
You can find various tips and resources that will help you saving your hard earned money. There are lots of financial schemes available in India. Many of them provide you guaranteed returns, high interest rates and tax savings.These financial plans not only provide you money growth but also provide you with financial security at various steps in your life. It depends on your needs which product suits you best.Novices, who are lured into the markets with expectation of high returns, often burn their fingers. Volatility is an integral part of investments that also promise good returns. Investing early helps you in gradual wealth creation.Minimize your tax outgo, maximize what you keep.
Our Philosophy
We believe serving our clients is the most important aspect of our business. We were founded on the belief that the customer always comes first. This philosophy continues in our work today and into the future.
We Specialize Inn
Asset Insurance- Home, Auto, Shop Showroom, Shopkeeper.Health Insurance- Personal, Family, Medical, Critical Illness.Life Insurance- Money Back, Children, Whole Life Plans.Postal Saving- Time Deposit, Fixed Deposit, Recurring Deposit,
Monthly Income Scheme, NSC, KVP and other Deposit schemes.LIC- Insurance, Pension, Unit Plan, Special & Joint Life Plans.
We just don’t sell “We customize as per your requirement”
Products
LIC- Policies:Money back, Endowment, Whole life, Children money back, Pension plan.Vehical Insurance with money back Scheme.Postal Savings: NSC, KVP, PPF, R.D, MIS, Time Deposits. General insurance products:Auto insurance, Health insurance, Senior citizen, Medical insurance, Shopkeepers insurance, Fire InsuranceFixed Deposits. Unit Trust of India.PAN Card Service.Personal Insurance.LIC Agent, Insurance Agent.
Location
We'll provide detailed to our location. Please stop by and visit if you are in the area.
Which branch do we work for?
Aundh
Baner
Deccan Gymkhana
Kotharud
Rahatni
Sangvi
Shivajinagar
Pashan
Pimpri
Wakad
Who are our clients?Clients are from Goverment offices, Schools, Clinics & Colleges and Private Orgnisations.
Maruti Car Dealer
Hyundai Car Dealer
Mahindra Dealer
Ford Car Dealer
Employees from Company like:
Amdocs
Atlas Copco
BMC software,
Calsoft,
EDS,
Infosys,
John Deere,
Kanbay,
nvidia,
Patni,
Satyam,
Symphony,
Synechron
T Systems,
TATA
Wipro,
and many more
Which branch do we work for?
Aundh
Baner
Deccan Gymkhana
Kotharud
Rahatni
Sangvi
Shivajinagar
Pashan
Pimpri
Wakad
Who are our clients?Clients are from Goverment offices, Schools, Clinics & Colleges and Private Orgnisations.
Maruti Car Dealer
Hyundai Car Dealer
Mahindra Dealer
Ford Car Dealer
Employees from Company like:
Amdocs
Atlas Copco
BMC software,
Calsoft,
EDS,
Infosys,
John Deere,
Kanbay,
nvidia,
Patni,
Satyam,
Symphony,
Synechron
T Systems,
TATA
Wipro,
and many more
Invest Inn
Welcome to Invest Inn!
As individuals it is inherent to differ. Each individual’s insurance needs and requirements are different from that of the others. LIC’s Insurance Plans are policies that talk to you individually and give you the most suitable options that can fit your requirement.
As Invest-Inn are your Insurance Agent, it gives us great pleasure to service your growing needs. Going a step further in servicing your requirements, we have brought you a host of services that will update you with the changing times and also help you manage your policies better.Feel free to browse through this site for the latest Insurance News, the How To's, FAQ's, Insurance Articles/Analysis etc plus various Free Online Services and powerful tools that you may use whenever you wish to. So come. Join us on a journey that will help you understand Insurance better.
LIC
LIC
LIC started on 1st september 1956,With a capital of meare 56.86 lakhs. Today LIC is the Worlds largest Life Insurance company. Largest financial institution in india on asset basis of 552447 crore, LIC is a single largest investor in India.It clears 2 claims /second
Why do I need an LIC Policy?
LIC means many thing. It means Security, It means Love , It means care...Everyone has different goals and circumstances. As life changes, so may our life insurance needs. The cash value of a permanent life insurance policy is a valuable asset that can be used in a number of ways. Following are some of key uses:
Protect against major debt.
Secured Saving.
Be a security for you loans, esp. Home loans.
Build cash value for college funding/Marriage.
Build Pension to be available during your retirement.
Provide financial support for your family and enable your loved ones to maintain their standard of living in the case of an terminal eventuality.
Life Stages
Your insurance need will change as your life does, from starting to work to enjoying your golden years and all the stages in between. Each one of these stages may pose a different insurance need/cover for you. In this section, we have drawn up the basic life stages and help you analyze various insurance needs accordingly.
STAGE 1: Young and Single
An important stage where one lays down the foundation of a successful life ahead. Take advantage of the time and power of compounding to ensure that you build up your dreams. Start saving early.
Your needs:
Save for a home and wedding
Tax Planning
Save for Golden years
STAGE 2: Just Married
Marriage brings about a significant change. New dreams and new opportunities also bring in additional responsibilities. While both of you look forward to a happy and secure life , it is equally important to ensure that eventualities don’t come in the way of shaping your dreams.
Your needs:
Planning for home / securing your home loan liability
Save for vacation
Save for your first child
STAGE 3: Proud Parents
Once you have children, your need for life insurance is even more. You need to protect your family from an untoward incident. Ensure your protection umbrella takes into account the future cost of securing your child’s dream. You will want life to go on for your loved ones, and having enough life insurance is a way to help ensure that.
Your needs:
Provide for children’s education
Safeguarding family against loan liabilities
Savings for post-retirement
STAGE 4: Planning for Retirement
While you are busy climbing the ladder of success today, it is important for you to take time and plan for your life after retirement. Having an early start for retirement planning can make a significant difference to your savings.Think about your golden years even before you have reached them. The key is to think ahead and plan well using your time and money.
Your needs
Provide for regular income post retirement
Immediate Tax benefits
Lead a secure, independent and comfortable life style in retirement years
LIC started on 1st september 1956,With a capital of meare 56.86 lakhs. Today LIC is the Worlds largest Life Insurance company. Largest financial institution in india on asset basis of 552447 crore, LIC is a single largest investor in India.It clears 2 claims /second
Why do I need an LIC Policy?
LIC means many thing. It means Security, It means Love , It means care...Everyone has different goals and circumstances. As life changes, so may our life insurance needs. The cash value of a permanent life insurance policy is a valuable asset that can be used in a number of ways. Following are some of key uses:
Protect against major debt.
Secured Saving.
Be a security for you loans, esp. Home loans.
Build cash value for college funding/Marriage.
Build Pension to be available during your retirement.
Provide financial support for your family and enable your loved ones to maintain their standard of living in the case of an terminal eventuality.
Life Stages
Your insurance need will change as your life does, from starting to work to enjoying your golden years and all the stages in between. Each one of these stages may pose a different insurance need/cover for you. In this section, we have drawn up the basic life stages and help you analyze various insurance needs accordingly.
STAGE 1: Young and Single
An important stage where one lays down the foundation of a successful life ahead. Take advantage of the time and power of compounding to ensure that you build up your dreams. Start saving early.
Your needs:
Save for a home and wedding
Tax Planning
Save for Golden years
STAGE 2: Just Married
Marriage brings about a significant change. New dreams and new opportunities also bring in additional responsibilities. While both of you look forward to a happy and secure life , it is equally important to ensure that eventualities don’t come in the way of shaping your dreams.
Your needs:
Planning for home / securing your home loan liability
Save for vacation
Save for your first child
STAGE 3: Proud Parents
Once you have children, your need for life insurance is even more. You need to protect your family from an untoward incident. Ensure your protection umbrella takes into account the future cost of securing your child’s dream. You will want life to go on for your loved ones, and having enough life insurance is a way to help ensure that.
Your needs:
Provide for children’s education
Safeguarding family against loan liabilities
Savings for post-retirement
STAGE 4: Planning for Retirement
While you are busy climbing the ladder of success today, it is important for you to take time and plan for your life after retirement. Having an early start for retirement planning can make a significant difference to your savings.Think about your golden years even before you have reached them. The key is to think ahead and plan well using your time and money.
Your needs
Provide for regular income post retirement
Immediate Tax benefits
Lead a secure, independent and comfortable life style in retirement years
LIC FAQ
How do I revive my policy that has lapsed?
If the policy has lapsed, it can be revived during the life time of the life assured, within a period of five years from the date of the first unpaid premium but before the date of maturity subject to certain conditions.
The Corporation offers three convenient schemes of revival viz., Ordinary Revival, Special Revival and Installment Revival. Policies can also be revived under Loan-cum-Revival and SB-cum-Revival schemes.
Request for revival may be made to the Branch Office servicing the policy.
What is nomination of the policy?
Section 39 of the Indian Insurance Act 1938 provides for nomination of a person who would receive the benefits of the claim on the death of the life assured. Nomination establishes a clear title to the policy. This prevents dispute and also prevents delay in settlement of a death claim. In the case where nomination has not been given at the time of proposal, nomination can be made at any time during the term of the policy. Nomination can also be changed, at any time during the tenure of the policy, by intimating respective insurance company
Can I change my nomination?
Nomination is a right conferred on the holder of a Policy of Life Assurance on his own life to appoint a person/s to receive policy moneys in the event of the policy becoming a claim by the assureds death. The Nominee does not get any other benefit except to receive the policy moneys on the death of the Life Assured.
What if I forget to make payment?
A grace period of one month but not less than 30 days is allowed where the mode of payment is yearly, half-yearly or quarterly and 15 days for monthly payments. If death occurs within this period, the life assured is covered for full sum assured.
What If I lose my policy?
The Policy Document is an evidence of the contract between the Insurer and the Insured. Hence the policyholder should preserve the Policy Bond till the contracted amount under it is settled.
Loss of the Policy Document should be immediately intimated to the Branch Office where it is serviced.
How do I make a maturity claim?
LIC settles survival benefit/maturity claims on or before the due date.
Policyholder are intimated well in advance by the Branch Office which services the policy regarding the payment, and the necessary Discharge Voucher is also sent for execution by the assured. In case the policyholder does not get any intimation from the Branch Office concerned, he/she should contact them, quoting the Policy Number.
Survival Benefit payment up to Rs.60,000/- are settled without insisting for Policy Bond and Discharge Voucher.
To whom is my death claim amount paid?
The death claim is paid to:
The nominee, as declared by you in the proposal form
The legal heirs, in case you have not specified the nominee
The appointee named by you, in cases where the nominee is a minor at the time of claim
What additional requirements are there for an accident claim?
In addition to the requirements for a death claim, the claimant should submit all the reports (police, hospital etc) pertaining to the accident as required by the company.
What conditions apply to a policy loan?
Loans are granted on policies to the extent of 90% of Surrender Value of the policies which are in force and 85% of the Surrender Value in case of policies which are paid-up, inclusive of the cash value of bonus. The rate of interest charged at present is 9% p.a. payable half-yearly.
Loans are not granted for a period shorter than six months. The Conditions and Privileges printed on the back of the Policy Bond states whether a particular policy is with or without the loan facility.
What is Disability Benefit Claims?
Disability benefit claims consist of waiver of future premiums under the policy and extended disability benefit consisting in addition of a monthly benefit payment as per policy conditions. The essential condition for claiming this benefit is that the disability is total and permanent so as to preclude him from earning any wage/compensation or profit as a result of the accident
What is Guaranteed Surrender Value?
After payment of premiums for at least three years, the Surrender Value allowed under the policy is equal to 30% of the total premiums paid excluding premiums for the 1st year and all extra premiums.
Salary Saving Scheme
The rate of installment premium shown in the schedule of the policy will remain constant as long as the employee continues with the employer given in the proposal. On leaving the employment of said employer the policyholder should intimate the Corporation. In case of the Salary Saving Scheme being withdrawn by the said employer, the Corporation will intimate the same to the policyholder. Thereafter the 5% rebate given under Salary Saving Scheme will be withdrawn.
If the policy has lapsed, it can be revived during the life time of the life assured, within a period of five years from the date of the first unpaid premium but before the date of maturity subject to certain conditions.
The Corporation offers three convenient schemes of revival viz., Ordinary Revival, Special Revival and Installment Revival. Policies can also be revived under Loan-cum-Revival and SB-cum-Revival schemes.
Request for revival may be made to the Branch Office servicing the policy.
What is nomination of the policy?
Section 39 of the Indian Insurance Act 1938 provides for nomination of a person who would receive the benefits of the claim on the death of the life assured. Nomination establishes a clear title to the policy. This prevents dispute and also prevents delay in settlement of a death claim. In the case where nomination has not been given at the time of proposal, nomination can be made at any time during the term of the policy. Nomination can also be changed, at any time during the tenure of the policy, by intimating respective insurance company
Can I change my nomination?
Nomination is a right conferred on the holder of a Policy of Life Assurance on his own life to appoint a person/s to receive policy moneys in the event of the policy becoming a claim by the assureds death. The Nominee does not get any other benefit except to receive the policy moneys on the death of the Life Assured.
What if I forget to make payment?
A grace period of one month but not less than 30 days is allowed where the mode of payment is yearly, half-yearly or quarterly and 15 days for monthly payments. If death occurs within this period, the life assured is covered for full sum assured.
What If I lose my policy?
The Policy Document is an evidence of the contract between the Insurer and the Insured. Hence the policyholder should preserve the Policy Bond till the contracted amount under it is settled.
Loss of the Policy Document should be immediately intimated to the Branch Office where it is serviced.
How do I make a maturity claim?
LIC settles survival benefit/maturity claims on or before the due date.
Policyholder are intimated well in advance by the Branch Office which services the policy regarding the payment, and the necessary Discharge Voucher is also sent for execution by the assured. In case the policyholder does not get any intimation from the Branch Office concerned, he/she should contact them, quoting the Policy Number.
Survival Benefit payment up to Rs.60,000/- are settled without insisting for Policy Bond and Discharge Voucher.
To whom is my death claim amount paid?
The death claim is paid to:
The nominee, as declared by you in the proposal form
The legal heirs, in case you have not specified the nominee
The appointee named by you, in cases where the nominee is a minor at the time of claim
What additional requirements are there for an accident claim?
In addition to the requirements for a death claim, the claimant should submit all the reports (police, hospital etc) pertaining to the accident as required by the company.
What conditions apply to a policy loan?
Loans are granted on policies to the extent of 90% of Surrender Value of the policies which are in force and 85% of the Surrender Value in case of policies which are paid-up, inclusive of the cash value of bonus. The rate of interest charged at present is 9% p.a. payable half-yearly.
Loans are not granted for a period shorter than six months. The Conditions and Privileges printed on the back of the Policy Bond states whether a particular policy is with or without the loan facility.
What is Disability Benefit Claims?
Disability benefit claims consist of waiver of future premiums under the policy and extended disability benefit consisting in addition of a monthly benefit payment as per policy conditions. The essential condition for claiming this benefit is that the disability is total and permanent so as to preclude him from earning any wage/compensation or profit as a result of the accident
What is Guaranteed Surrender Value?
After payment of premiums for at least three years, the Surrender Value allowed under the policy is equal to 30% of the total premiums paid excluding premiums for the 1st year and all extra premiums.
Salary Saving Scheme
The rate of installment premium shown in the schedule of the policy will remain constant as long as the employee continues with the employer given in the proposal. On leaving the employment of said employer the policyholder should intimate the Corporation. In case of the Salary Saving Scheme being withdrawn by the said employer, the Corporation will intimate the same to the policyholder. Thereafter the 5% rebate given under Salary Saving Scheme will be withdrawn.
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