ICICI Lombard General Insurance has started offering the facility of renewing health policies online. Now the customer has the option of changing the tenure of the health policy, the sum insured, to add or remove insured members. The premium can be paid through the net banking account, credit card, debit card or cash card. Once the customer completes the process of online renewal, the insurance company will mail a soft copy of the new policy certificate along with a transaction confirmation SMS; health card; 80 D tax certificate and a free health check-up coupon, the insurance company said in a statement. A hard copy of the renewed policy is dispatched within seven days to the customer's mailing.
If you are interested in a death cover that's just big enough, HDFC SL ProGrowth Super II is something worth a try. The beauty is it has something for everybody — you name the risk profile, the category is right up there. But do a SWOT analysis of the basket, and the gloss fades HDFC SL ProGrowth Super II is a type-II unit-linked insurance plan ( ULIP ). Launched in September 2010, this is a small ticket-size scheme with multiple rider options and adequate death cover. It offers five investment options (funds) — one in each category of large-cap equity, mid-cap equity, balanced, debt and money market fund. COST STRUCTURE: ProGrowth Super II is reasonably priced, with the premium allocation charge lower than most others in the category. However, the scheme's mortality charge is almost 60% that of LIC mortality table for those investing early in life. This charge reduces with age. BENEFITS: Investors can choose a sum assured between 10-40 times the annualised premium...