COMPARABLE PLANS OF LIC WITH PVT. PLAYERS

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COMPARABLE PLANS OF LIC WITH PVT. PLAYERS
1) T-48 with ING Vysya’s Powering Life
2) T-103 with ICICI’s Smart Kid Plan
3) T-2 with Allianz Bajaj’s Life Time Care
4) T-75 with OM Kotak’s Kotak MB Plan
5) T-75 with Tata AIG’s Money Saver Plan
6) T-75 with Birla Sunlife’s Flexi Cashflow MB Plan
7) T-75 with AMP Sanmar’s Dhanashree Plan
8) T-75 with ICICI Pru’s Cashbak Plan
9) T-75 With HDFC’s Money back Plan
10) T-89 with HDFC’s Joint Life Endt. Plan
11) T-150 with Allianz Bajaj’s Term Care Plan
12) T-14 & T-164 with ICICI’s Pru Lifeguard Plan
13) T-150 with ICICI’s Pru Lifeguard Level Term Plan
14) T-162 with SBI Life’s Sanjeevan Supreme Plan
15) T-159 with Tata AIG’s Mahalife Junior
16) T-159 with Metlife’s Met Junior MB Plan
17) T-5 with Tata AIG’s Mahalife Gold
18) T-152 with Tata AIG’s Mahalife Gold
19) T-147 or T-148 with Tata AIG’s Nirvana Plus
20) T-14 with HDFC’s Endowment Plan
21) T-14 with ICICI’s Endowment Plan
22) T-14 with Max Newyork Life’s Endowment Plan
23) T-14 with Tata AIG’s Assure 10 yr Sec/Growth
24) T-14 with BSLI’s Flexi Save Plus Endt. Plan
25) T-14 with SBI Life’s Sudarshan Plan
26) T-149 with BSLI’s Flexi Lifeline Magic Plan
27) T-140 with Aviva Life’s “LIFE BOND 5” Plan
28) T-140 with ICICI’s Life Time Plan
29) T-2 with Max Newyork Life’s Whole life Plan
30) T-2 with ING Vysya’s Rewarding Life Plan
31) T-103 with SBI Life’s Scholar Plan
32) T-150 with Tata AIG’s Life Plus Term assu. plan

BONUS RATES OF PVT. CO.

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¬1)BAJAJ ALLIANZLIFE.- 18+5
¬2)H.D.F.C. ----- 32.50
¬3)ING VYSYA ----- 20.00
¬4)TATA-AIG ----- 40.00
¬5)AMP SANMAR ----- 30 +10
¬6)SBI LIFE ----- 32.50
¬7)ICICIPRULIFE ---- 35.00 (GA)
¬8)BIRLA SUNLIFE ---- UNIT LINKED
¬9)MAX NEW YORK -- 2.20 TO 5.50 FOR WHOLE LIFE
¬10) KOTAK LIFE 30.00 (GA)
¬11) MET LIFE }
¬12) AVIVA } NOT DECLARED

COMPARATIVE STUDY OF LIFE INSURANCE PRODUCTS

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COMPARATIVE STUDY
OF LIFE INSURANCE PRODUCTS

New private co.

 HDFC-STD.LIFE--STD.LIFE U.K.(18.6%)
 MAX NEW YORK--NY LIFE-(26%)
 ICICI-PRU--PRUDENTIAL U.K.(26%)
 OM KOTAK--OLD MUTUAL U.K.(26%)
 BIRLA SUN LIFE -SUN LIFE CANADA (26%)
 SBI LIFE --CARDIFF-FRANCE-(26%)
 TATA-AIG --AIG -U.S.A.(26%)
 ING-VYSYA--ING NETHERLANDS (26%),VYSYA BANK (49%),GMR (25%)
 ALLIANZ BAJAJ--ALLIANZ GERMANY.(26%)
 METLIFE--METLIFE U.S.A.(26%) JAMMU &KASHMIR BANK, M.PALLONJI
 AMP SANMAR--AMP AUSTRALIA (26%)
 AVIVA--CGNU LIFE U.K.& DABUR
 SAHARA INDIA INSURANCE
 SHRIRAM GROUP - SANLAM OF SOUTH AFRICA.
 IDBI, PNB, SAMSUNG,
AXA & MITSUBUSHI
ARE IN THE OFFING
 HUGE POTENTIAL- INSURABLE POPULATION IS AVAILABLE
 NO. OF CROREPATIES IN INDIA INCREASING @ 14% , GLOBAL RATE IS 7%.


TOTAL FIRST YEAR PREMIUM (in Crs)

Life Insurer For 2003-04 For 2004-05

LIC of India 16240.42 19785.93
ICICI 750.91 1584.08
BSLI 449.86 621.28
HDFC 209.33 486.15
SBI Life 202.47 482.93
Tata AIG 180.15 300.22
Bajaj Allianz 179.70 860.01
Max NY 131.48 224.69
OM Kotak 124.08 374.75
Aviva 77.14 192.29
ING Vysya 72.55 281.62
AMP Sanmar 27.88 91.18
Met Life 23.38 56.03
Sahara Life - 1.67
Total FYP of all
Pvt. Companies 2506.07 5556.90



Advertisement Expenses 2004-05
 Name of Co. Exp. in Crs.
 SBI Life 6.6
 Max New York 7.2
 HDFC-Std Life 10.2
 ICICI-Pru 24.3
 LIC of India 42.3
(Source-Eco.Times)
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