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4/27/2010

Happenings in the neighbourhood..

Now we will see another report and I quote: “Madeleine McCann: Gran hits out over daughter Kate Sep 8 2007 by Caroline Innes, Liverpool Daily Post An astonishing day in the search for Madeleine McCann saw her Liverpool-born mother and her husband accused of killing. Caroline Innes reports ‘KATE McCANN’S mother last night told the Daily Post her daughter believed she was being framed by Portuguese police over the disappearance of Madeleine. Susan Healy, of Mossley Hill, broke down as she pledged her daughter’s innocence and said: “Kate would never have harmed her beloved Madeleine.” It came on the day Portuguese detectives accused Kate McCann of killing her three-year-old daughter, albeit accidentally and, it is claimed, offered her a “deal” if she confessed.” Both these news are equally shocking and astonishing. Shocking for this reason that in both these cases woman are involved and at the same time the allegation involves one woman against the other. Whatever may be the outcome of these cases, which I hope to surely follow-up and keep my self-informed but then my mind set thinking on a different line of thought. Suddenly it was an awakening thought, that, are women the worst enemies of women. I do not know but my mind tells me that I have indeed to consider the following points before arriving at a conclusion. Read further.............

4/23/2010

Happenings in the neighbourhood

This high profile newspaper had reported that this professor, as alleged by the students attacking him, misused his position as a teacher..............read more at


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4/15/2010

Home - Unit Plans - Wealth Plus

“IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER”

LIC’s Wealth Plus is a unit linked plan that safeguards your investment from market fluctuations, so that your investments are protected in financially volatile times. This plan offers payment of Fund Value at the end of policy term, based on highest Net Asset Value (NAV) over the first 7 years of the policy, or the NAV as applicable at the end of the policy term, whichever is higher. NAV of the fund will be subject to a minimum of Rs. 10/-. The policy term is 8 years with an extended life cover for 2 years after the completion of policy term. This plan will be available for sale for a limited period.

You can pay the premium either in a single lump sum or for 3 years. You can choose the level of cover within the limits, which will depend on your age whether the policy is a Single premium or Limited premium contract and on the level of premium you agree to pay.

Premiums paid after allocation charge will purchase units of the Fund. The Unit Fund is subject to various charges and value of units may increase or decrease, depending on the Net Asset Value (NAV).

Payment of Premiums: You may pay premiums regularly at yearly, half-yearly, quarterly or monthly (through ECS mode only) intervals over the 3 years premium paying term. Alternatively, a Single premium can be paid.


Guaranteed NAV: In this product there is a guarantee of the highest NAV recorded on a daily basis, in the first 7 years of the policy, subject to a minimum of Rs. 10. This means the payment at the end of the policy term will be based on highest Net Asset Value (NAV) recorded over the first 7 years of the policy, or the NAV as applicable on the end of the policy term, whichever is higher. The guarantee will be applicable only for payment made at the end of the policy term irrespective of any partial withdrawals made during the policy term. The period of 7 years starts from the date of commencement of policy.


Eligibility Conditions and Other Restrictions:
(a) Minimum Age at entry - 10 (age last birthday)
(b) Maximum Age at entry - 65 years (age nearer birthday)
(c) Policy Term - 8 years
(d) Extended Life Cover - 2 years after the completion of policy term
(e) Minimum Premium:
3 years Premium Paying policies - Rs. [20,000] p.a.
(Other than monthly (ECS) mode)
Monthly (ECS) mode - Rs. [2,000] p.m.
Single premium policies - Rs. [40,000] p.a.
(f) Sum Assured under the Basic Plan -
read more............Home - Unit Plans - Wealth Plus