--------Health Plus------------

• Health Plus is having combinational features of Unit Plan & Medi-ClaimPlan.
• Health Plus is unlike ordinary Medi-ClaimPlan .
• Health Plus gives coverage for all the family members under certain age limits.
• Health Plus gives coverage in accordance with the unit growth rate also.

NOTE:For more Information visit autherised website of LIC of India.

--------UNIT-PLANS-----------------

• Unit plans are investment plans for those who realise the worth of hard-earned money.
• These plans help you see your savings yield rich benefits and help you save tax even if you don’t have consistent income.

NAV'S OF UNIT LINKED PLANS OF LIC OF INDIA

NAV'S AS ON DATE 30.01.2008
EFFECTIVE FOR 30.01.2008

1.BASIC UNIT VALUE
2.NAV AS ON DATE
3.REPURCHASE VALUE
4.SALE VALUE

BIMA PLUS (140)
DATE OF LAUNCH12.02.2001
SECURED FUND
10
24.2334
23.0217
24.2334
BALANCED FUND
10
30.9901
29.4406
30.9901
RISK FUND
10
43.1950
41.0353
43.1950





FUTURE PLUS (172)
DATE OF LAUNCH04.03.2005
BOND FUND
10
11.7135
11.7135
11.7135
INCOME FUND
10
13.7171
13.7171
13.7171
BALANCED FUND
10
14.3203
14.3203
14.3203
GROWTH FUND
10
17.7060
17.7060
17.7060





JEEVAN PLUS (173)
DATE OF LAUNCH18.10.2005
BOND FUND
10
10.8852
10.8852
10.8852
SECURED FUND
10
12.2304
12.2304
12.2304
BALANCED FUND
10
12.4862
12.4862
12.4862
GROWTH FUND
10
16.9063
16.9063
16.9063


MONEY PLUS (180)
DATE OF LAUNCH20.12.2006
BOND FUND
10
10.8375
10.8375
10.8375
SECURED FUND
10
11.1404
11.1404
11.1404
BALANCED FUND
10
10.9238
10.9238
10.9238
GROWTH FUND
10
10.9290
10.9290
10.9290





MARKET PLUS (181)
DATE OF LAUNCH05.07.2006
BOND FUND
10
11.7572
11.7572
11.7572
SECURED FUND
10
11.8077
11.8077
11.8077
BALANCED FUND
10
11.9543
11.9543
11.9543
GROWTH FUND
10
12.6175
12.6175
12.6175


FORTUNE PLUS (187)
DATE OF LAUNCH23.08.2007
BOND FUND
10
10.3724
10.3724
10.3724
SECURED FUND
10
10.2327
10.2327
10.2327
BALANCED FUND
10
10.1717
10.1717
10.1717
GROWTH FUND
10
10.1228
10.1228
10.1228

PROFIT PLUS (188)
DATE OF LAUNCH23.08.2007
BOND FUND
10
10.4408
10.4408
10.4408
SECURED FUND
10
9.6906
9.6906
9.6906
BALANCED FUND
10
9.9249
9.9249
9.9249
GROWTH FUND
10
10.0728
10.0728
10.0728

GRATUITY PLUS
DATE OF LAUNCH22.06.2006
BOND FUND
10
10.8277
10.8277
10.8277
SECURED FUND
10
11.5625
11.5625
11.5625
BALANCED FUND
10
11.2773
11.2773
11.2773
GROWTH FUND
10
11.2353
11.2353
11.2353

# Subject to Market risk ; Not guaranteed
# Past performance may not indicate future performance
Note:For more information visit authorised website of LICof India.

------------A link for checking NAV----------------

Hi,Friends
Here is a link for checking NAV ( Net Asset Value ) of Unit Plans of LIC of India.

http://www.licindia.com/plan_navs.htm

Note: If above link is not activate then Cut & Paste.

---------------------Health Plus--------------------

• Health Plus is having combinational features of Unit Plan & Health Plan.
• Health Plus is unlike ordinary health Plans.
• Health Plus gives coverage to all the family members under certain age limits.
• Health Plus gives coverage in accordance with the unit growth rate also.

Note: For more information visit authorized website of LIC of India.

The subjects covered by the AMFI-Test

The following are the subjects covered by the Test and the workbook contains all the relevant details. The curriculum and list of topics for the test are as under:

• Part One:
  The Concept and Role of Mutual FundsFund Structures and ConstituentsLegal and Regulatory EnvironmentThe Prospectus/Offer DocumentFund Distribution and Sales PracticesAccounting, Taxation &Valuation NormsInvestor ServicesInvestment ManagementMeasuring and Evaluating Mutual Fund Performance
• Part Two:
  Helping Investors with Finanacial PlanningRecommending the Financial Planning Strategies for InvestorsSelecting the Right Investment Products for InvestorsHelping Investors Understand Risks in Fund InvestingRecommending the Model Portfolios and Selecting the Right FundsBusiness Ethics in Mutual Funds
  

LIC to launch — Health Plus — Mobile: 09849212164

• The Life Insurance Corporation of India (LIC) has got the insurance regulator’s go-ahead to launch the country’s first-ever health insurance policy on unit-linked platform.

• The new product — Health Plus — marks LIC’s foray into this segment and will provide protection along with a savings element.

• The product will be launched by the first week of Feb'2008 (04th Feb 2008) .
  

For further details & Processing Contact:
Mobile: 09849212164
E-Mail: svr_advisor@yahoo.co.in

AMFI Mutual Fund Certification

• AMFI Mutual Fund Certification is based on a testing programme.

There are Two-Modules of the test.

• The first is the AMFI Mutual Fund (Basic) Module:

This is a general test covering the concept, structure and other essential general topics. This is meant for all employees of Mutual Funds (other than those who are engaged in selling and marketing activities), general public and for those who would like to have a basic knowledge of concept and working of Mutual Funds. Any one who desires to acquire knowledge of the functioning of the mutual fund without seeking to become a fund distributor can take part one test independently.A certificate will be issued separately for Basic Module test to the successful candidates.There is no validity period for the AMFI-Mutual Fund (Basic) Module certification.

• The second is the AMFI Mutual Fund (Advisors) Module:

It covers subjects such as financial planning, risks in fund investing, model portfolio selection in addition to the subjects covered under the Basic Module and constitute a single certification programme which is designed for certification of fund distributors or intermediaries engaged in selling mutual fund schemes, employees of corporate intermediaries and employees of mutual funds who are engaged in selling and marketing activities.

The validity period for the AMFI-Mutual Fund (Advisors) module certification is for five years.

NOTE:For more information visit AMFI authorised website.

LIC to launch — Health Plus — Mobile: 09849212164

• The Life Insurance Corporation of India (LIC) has got the insurance regulator’s go-ahead to launch the country’s first-ever health insurance policy on unit-linked platform.
• The new product — Health Plus — marks LIC’s foray into this segment and will provide protection along with a savings element.
• The product will be launched by the end of this month(04th Feb 2008), said LIC executive director and head, health insurance DD Singh.
• For further details & Processing Contact:

Mobile: 09849212164

E-Mail: svr_advisor@yahoo.co.in

Software Testing Questions & Answers

• What criteria you will follow to assign severity ?

Defect severity assigned as follows:
Critical: show stoppers (Linking related)
High: The system is very hard to use and some cases are prone to convert to critical issues ,if not taken care of.
Medium: The system functionality has a major bug but is not too critical but needs to be fixed in order for the AUT to go to production environment.
Low: GUI related defects

• What is the difference b/w exception and validation testing?

Validation testing aims to demonstrate that the software functions in a manner that can be reasonably expected by the customer. Testing the software in conformance to the Software Requirements Specifications.

Exception testing deals with handling the exceptions (unexpected events) while the AUT is run. Basically this testing involves how to change the control flow of the AUT when an exception arises

SoftwareTesting Interview Questions & Answers

• How do you determine what to test?

Depending upon the Requirements document.

• How will you check that your test cases covered all the requirements?

By using traceabiltymatrix.
Traceability matrix means the matrix showing the relationship b/w the requirements & testcases.

• Have you ever written test cases or did you just execute those written by others?

Yes, I was involved in writting and executing test cases in my project.

Interview Questions & Answers

• What are positive scenarios ?

Testing to see whether the application is doing what it is supposed to do.

• What are negative scenarios ?

Testing to see whether the application is doing what it is supposed to do.

• What is a good test case?

Accurate - tests what it’s designed to test

Economical - no unnecessary steps Repeatable,

Reusable - keeps on going

Traceable - to a requirement

Appropriate - for test environment, testers

Self standing - independent of the writer

Self cleaning - picks up after itself

• What's a 'test case'?

A test case is a document that describes an input, action, or event and an expected response, to determine if a feature of an application is working correctly.

A test case should contain particulars such as test case identifier, test case name, objective, test conditions/setup, input data requirements, steps, and expected results.

Interview Questions

Q1.Tell me about yourself?

Q2.why r u leaving current company ?

Q3.Explain Regular Expression ?

Q4.Explain difference b/w testcase & test script ?

Jobs in Insurance Sector

Freshers - LIC - Last Date - 9 Feb 2008
Note:For more info. visit otherised website.

Insurance Institute of India---- Exam ----Associateship:

Associateship:

• Only those candidates who have passed “Licentiate” examination are allowed to appear to enroll for this course.
• One who has passed Licentiate examination with “Life” branch subjects has to enroll for the “Life” branch subjects of Associateship course.
• However the candidates who has passed Licentiate examination with “General” branch subjects has the option to choose either Fire, Marine, Miscellaneous and General branch of subjects at Associateship course.
• At the Associateship level candidates gets more knowledge on the technical aspects of the Insurance, as the subjects like Underwriting, Claims are included in the curriculum.
• Selecting the right “branch” for study is important as studying these subjects not only knowledge upgradation is facilitated but it also helps you to improve your skill, efficiency at work more so if you are in employment with any firm or a company who is operating in the business of Insurance.
• The Charter Insurance Institute, London grants 4 exemptions in their ACII programme to the candidates who have acquired our Associateship Diploma.

Life Branch
-->
1.Subject code
2.Subject Title
3.Reading Material

-->

Syllabus
21
Information Technology
I.C.21
Syllabus
22
Life Assurance Underwriting
I.C.22
Syllabus
23
Apllication of Life Assurance
I.C.23
Syllabus
24
Legal Aspects of Life Assurance
I.C.24
Syllabus
25
Life Assurance Management
I.C.25
Syllabus
26
Life Assurance Finance
I.C.26
Note: For more Info. visit otherised website of Insurance Institute of India.

What are Unit plans?

Unit plans are investment plans for those who realise the worth of hard-earned money.
These plans help you see your savings yield rich benefits and help you save tax even if you don?t have consistent income.

Unit-Plans of LIC of India -------------------------------------------- For FREE Processing Call:09849212164

Hi,Friends
Here I am giving links,these provides very important information regarding Investment & Income-Tax Planning with day-to-day updates.

Note:LIC to launch health cover on Ulip platform and Other Unit-Plans of LIC of India.

http://svradvisor.blogspot.com/2008/01/lic-to-launch-health-plus-mobile_18.html

http://svradvisor.blogspot.com/2008/01/fortune-plus-unit-plan-of-lic-of-india.html

http://svradvisor.blogspot.com/2008/01/profit-plus-unit-plan-of-lic-of-india.html

http://svradvisor.blogspot.com/2008/01/marketplusulip-of-lic-of-india.html

Note:For more Info. visit LIC of India othersied web-site.

Please visit Google-Ads in this Blogger that gives more Financial Info. like Insurance & Home Loans and so many................
Please visit and give your feed-back.
Thanks
Bye..........

Unit plans

• Unit plans are investment plans for those who realise the worth of hard-earned money.
• These plans help you see your savings yield rich benefits and help you save tax even if you don?t have consistent income.

LIC to launch — Health Plus — Mobile: 09849212164

The Life Insurance Corporation of India (LIC) has got the insurance regulator’s go-ahead to launch the country’s first-ever health insurance policy on unit-linked platform.
The new product — Health Plus — marks LIC’s foray into this segment and will provide protection along with a savings element.
The product will be launched by the end of this month(28th Jan 2008), said LIC executive director and head, health insurance DD Singh.

For further details & Processing Contact:
Mobile: 09849212164
Mail: svr_advisor@yahoo.co.in

Income-Tax Details

Deductions from gross income on Life Insurance premium paid.
A. Under Sec.80C of the Income Tax Act.Premiums paid upto maximum of Rs.1,00,000 subject to maximum of 20% of Capital sum Assured under Traditional & Unit linked Plans.

B. Under Sec.80CCC of the Income Tax Act.Premiums paid upto maximum of Rs. 1,00,000 under pension plans.

However, u/s.80 CCE, the aggregate amount of deduction under section 80C, section 80CCC, and section 80CCD shall not, in any case exceed one lakh rupees.

C. Under Sec.80DD of the Income Tax Act.Premiums paid under plans exclusively for physically handicapped persons upto Rs.50,000/-In case of severe disability as certified & issued by the medical authority upto Rs. 75,000/-

Exemption of Life Insurance Proceeds.Under Sec.10(10D) of the Income Tax Act.
1. Maturity benefits are tax free. However in cases where premium exceeds 20% of capital sum assured within a year, benefits paid in excess of premiums paid will be taxable.
2. Death benefits are tax-free.