Page 3 - Life Insurance Today OCTOBER 2017

Vol. XIII No. 07 October 2017
ISSN - 0973-4813
Editor-in-Chief Editorial
Ram Gopal Agarwala
B.Com., L.L.B., F.C.A.
Editor
CA Rakesh Agarwal
M.Com. (BIM), F.C.A., DISA, L.L.B., IRDAI may allow LICI to maintain its stake in about
F.I.I.I., P.G.J.M.C., M.B.A., Ph.D 40 entities (investment beyond 15% limit). A strict
Associate Editor
Shyam Agarwal enforcement of the limit may discourage LICI from
M.Com.(BIM), A.C.A., DISA, F.I.I.I., P.G.J.M.C. becoming the investor of last resort in government
Resident Editor instruments
Dr. Abhijeet K. Chattoraj, Noida
Dr. B. K. Jha, Sultanpur
K. L. Madhok, New Delhi SBI life has launched Cancer policy namely, SBI life
Shaik Gulam Afzal Biya Bani, Saudi Arabia
R. Venugopal, Bangalore Sampoorna Cancer Suraksha' an individual, non
Correspondence Address participating, non linked health Insurance product
25/1, Baranashi Ghosh Street, Kolkata - 700 007, India which helps to compensate upon diagnosis of cancer.
Phone : 033-2269 6035 / 4007 8428
E-mail : insurance.kolkata@gmail.com This policy is available for those between 6 and 65
Website : www.sashipublications.com years of age. The maximum maturity age is 75 years
Portal: www.bimabazaar.com
Registered Office with minimum sum assured of Rs.10 lacs to 50 lacs.
31/1, Sadananda Road, P.S. Kalighat,
Kolkata - 700 026, India Rating agency projected a 15-18% growth rate of new
Customer Help Line
For non receipts/any other query please contact business of life Insurance sector on an Annualised
E-mail : sashipublications@yahoo.com Premium Equivalent (APE) basis for F.Y. 18 whereas
Phone : 033-4007 8378 / 2218 4184
Mechanical Details the general insurance industry is expected to grow at
Oversall size : 27.5 x 21.5 cms. 20% in F.Y. 18.
Print area : 24.5 x 18.5 cms
Rate of Subscription
Amount You By Regd. Surprise
Pay Post gift Online policies are cheaper since GST has been
increased from 15% to 18% and in case of online
Scheme Period
LIT - 1 1 Year 540 500 800 ---- purchases, since there is no intermediary in sales the
LIT - 3 3 Years 1,620 1,300 2,200 ----
LIT - 5 5 Years 2,700 2,100 3,600 Yes policy premium become cheaper by at least 5%.
Bulk Subscription
LIT - 10 copies 1 Year 5,400 4,320 Free Yes
LIT - 25 copies 1 Year 13,500 10,125 Free Yes LICI plans to invest at least Rs.4 Trillion on stocks and
Single Copy `` `` ` 45/-
All the payment must be made by DD favouring LIFE bonds this financial year, the highest ever in absolute
INSURANCE TODAY payable at Kolkata, India. terms by at least Rs.50000 crores from 2016-17.
Please do not make any cash payment for journal/books to any
person representing LIFE INSURANCE TODAY and we shall
not be responsible for the cash payments. Postal Life Insurance is going for revamp among the
The contents of this journal are copyright of LIFE
INSURANCE TODAY whose permission is necessary for Government and Semi Government employees. Postal
reproduction in whole or in part. The views expressed by
contributors or reviewers in this journal do not necessarily Life Insurance gives very good bonus to their
reflect the opinion of LIFE INSURANCE TODAY and the participants. However PLI is not widely advertised
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Published by Sushil Kumar Agarwala & Printed by Satyajug
Employees Co-operative Industrial Society Ltd. 13,Prafulla advantage of this scheme.
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Life Insurance Today October 2017 3

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