Life insurers end FY14 with 11.5% new premium growth

The life insurance industry has seen a 11.5% rise in new premiums for FY14. Life insurers collected total premiums of Rs 119,641 crore for FY14 compared to Rs 107,235.44 crore in FY13.
Life Insurance Corporation (LIC), India's largest insurer collected new premiums of Rs 90,123.75 crore for the fiscal, a rise of 17.8% over the previous fiscal.
However, private life insurers saw a 4% drop in new premiums to Rs 29,517.38 crore. 
http://www.myallagents.com/Life-insurers-end-FY14-with-115-new-premium-growth/details.html 

Government asks RBI to set up committee to look into banks' raising of Tier-II capital

NEW DELHI: The government has asked the Reserve Bank (RBI) to set up a committee to look into the insuranceregulator's concerns that some of the instruments issued by banks to raise tier-II capital were perpetual and illiquid. The Insurance Regulatory & Development Authority (IRDA) has also said that some of these instruments are flouting its investment norms. The committee will look into issue of and subscription to tier-II instruments under the new Basel-III capitalisation guidelines, a finance ministry official said.  http://www.myallagents.com/Government-asks-RBI-to-set-up-committee-to-look-into-banks-raising-of-TierII-capital/deta

Replacing your life insurance policy might get tougher

Often, insurance policyholders are misled into replacing their policies with new ones, with promises of lower premia or better returns. Though the process wasn’t difficult so far, this might change soon. The Insurance Regulatory and Development Authority (Irda) has issued draft guidelines on replacement of life insurance policies. Now, an agent should secure the written consent of the policyholder, inform the existing insurer 15 days before submitting new proposal forms, and send the forms to the new company only after this 15-day period. In their policy documents, insurance companies must advise customers not to surrender, lapse or make paid-up existing policies before taking on a new one. They should also advise customers not to withhold full or part amount of the surrender value payable, and inform the new company of a customer’s existing policies. 
http://www.myallagents.com/Replacing-your-life-insurance-policy-might-get-tougher/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 

11 Essential Steps to Retirement Planning

It used to be that Americans retired at 65 with a gold watch and a nice, fat pension. But times have changed, and now we're finding we have to take a more active role in preparing for retirement.
This new world of 401(k) plans and Roth IRAs leave many people confused and uncertain. A 2009 Employee Benefit Research Institute survey, for instance, found that only 44 percent of Americans have ever tried to calculate how much they need for retirement 
t.http://www.myallagents.com/11-Essential-Steps-to-Retirement-Planning/details.html 

Invested in the securities markets to earn market risk premiums

The securities markets pay risk premiums. You have to have your money invested and at risk to be paid a risk premium. 

Attempting to avoid risk or losses by jumping in and out to "time the markets" does not work. Scientific finance studies demonstrate the both amateurs and professionals are lousy at market timing. 

http://www.myallagents.com/Invested-in-the-securities-markets-to-earn-market-risk-premiums/details.html 

Equity Markets

What drives an investor to buy a stock? Is it the fundamentals? The technicals? A combination of the two? Well I'm not quite certain anymore. You can basically throw all of the textbook answers out the window when it comes to today's equity markets. Why do I say that? Because I believe that the only thing that is driving this market is the notion that the government is going to bail out everyone and their brother.  
http://www.myallagents.com/Equity-Markets/details.html 

Home Insurance Leads

After loads of man-made and natural calamities in USA the Home Insurance market has come much into prominence. And at present the competition is at its peak.
Homeowners Insurance is a guarantee, which pays the cost of your house if it gets damaged in some natural or man made disasters like fire, floods, storms etc 
http://www.myallagents.com/Home-Insurance-Leads/details.html 

Health Care Options in Retirement

Health care for seniors can be a labyrinth of programs, eligibility restrictions, coverage limitations, and overlaps, with terms varying widely from program to program and plan to plan. In addition to federal programs such as Medicare and Medicaid, some agencies such as the Veteran's Administration offer benefits for specific constituents and many states have different programs of their own with varied eligibility requirements. Additionally, unions and trade organizations may also offer retirement health care benefits. Which of these you may qualify for will depend on your individual circumstances. In general, however, most retirees have two main health care options: Medicare and managed care.

  http://www.myallagents.com/Health-Care-Options-in-Retirement/details.html 

The Role of Insurance in Your Financial Plan

The insurance decisions you make should be based on your family, age, and economic situation. There are many forms of insurance and, unfortunately, no one-size-fits-all policy. Life insurance, for example, is a virtual necessity if you have a spouse and children, but perhaps is less important for a single person. Disability insurance, which provides an income stream if you are unable to work, is important for everyon

Auto insurance protects you from damage to the often considerable investment in a car and/or from liability for damage or injury caused by you or someone driving your vehicle. It can also help cover expenses you or anyone in your car may incur as a result of an accident with an uninsured motorist. 

http://www.myallagents.com/The-Role-of-Insurance-in-Your-Financial-Plan/details.html  

A Good Life Insurance Policy

will have a huge array of plans to  select from and also details of rates and reviews so that you can  select a better life insurance in Charlotte. Our customer care  executives will answer all your queries and doubts related to Life Insurance policy. Rest peacefully by  selecting a Charlotte Life Insurance policy and protect your family.

Charlotte Life Insurance offers a valuable range of Life Insurance Solutions for all insurance seekers

Get valuable counseling from Charlotte life insurance experts while  selecting your life insurance policy. At Charlotte Life insurance, Our customers feel  tension free and satisfied after signing a life insurance policy. With Charlotte life insurance, you have the  facility of getting easy assistance and claims. 

http://www.myallagents.com/A-Good-Life-Insurance-Policy/details.html 

The importance having life insurance settlement

When people age closer to their retirement age, having a secured financial future is essential especially if there’s no more monthly salary or paycheck coming in when a person enters their retirement age. When we take a deep look into any kind of factors that involves financial involvement, we can really see that it’s not really a good sight because of the seemingly endless increase of health care cost and also energy cost. Not to mention that the social security and its ability to finance is in serious doubt and many experts says that it might even become bankrupt in the following decades and yes you can really tell how financially scary is tha 
http://www.myallagents.com/The-importance-having-life-insurance-settlement/details.html 

Long Term Investments for the Future

If you are ready to invest money for a future event, such as retirement or a child’s college education, you have several options. You do not have to invest in risky stocks or ventures. You can easily invest your money in ways that are very safe, which will show a decent return over a long period of time.
First consider bonds. There are various types of bonds that you can purchase. Bond’s are similar to Certificates of Deposit. Instead of being issued by banks, however, bonds are issued by the Government. Depending on the type of bonds that you buy, your initial investment may double over a specific period of time 
.http://www.myallagents.com/Long-Term-Investments-for-the-Future/details.htm 

Life Insurance Policies – Making the Best Choice

The choice between whole of life insurance policies, term life insurance or any of the other options available is not about which one is better or worse than the other. Each has its place.
By doing a proper financial needs analysis, life insurance applicants will have a far more accurate idea of exactly how much life insurance to purchase, in what areas and how much they can afford to spend. Another option is to mix and match the various options to better fit in with one's needs. 
http://www.myallagents.com/Life-Insurance-Policies-Making-the-Best-Choice/details.html