Investment Alerts

Toll-free financial helpline

IndianMoney.com has launched a helpline for the people of Kerala and Coorg as part of their flood relief campaign. The 24*7 helpline toll-free number, 080-4961112, is open to help the flood survivors on financial issues. Guidance from experts on matters such as claiming insurance against damages, lost documents and valuables can be availed of.

Bajaj Allianz simplifies claim processes

Bajaj Allianz Life Insurance has made special provisions for their customers in the flood-affected states of Kerala and Karnataka. Wherever death certificate issued by ‘Registrar of Births & Deaths’ is not available, the company accepts the certified list having the name of the life assured, issued by either Government hospitals or the police or Government authorities of Kerala or Karnataka or armed forces involved in rescue operations.

Max Life launches non-linked plan

Max Life Insurance has launched the Max Life Savings Advantage Plan, a non-linked participating life insurance plan. It provides a policyholder the flexibility to select a premium payment term. The plan offers a maturity benefit of 110 per cent of guaranteed sum assured on maturity. Additionally, the customers get additions of 5.5 per cent of guaranteed sum assured on maturity each year for the first five years of the policy and step-up death benefit after 10 years. The plan allows partial or full withdrawal of accumulated bonuses at any point of time during the policy term.

Motilal Oswal AMC launches Equity Hybrid Fund

Motilal Oswal Asset Management Company has launched its first open-ended Equity Hybrid Fund . The scheme would invest predominantly in equity and equity-related instruments. The new fund offer opened on August 24, 2018 and closes on September 07, 2018. The scheme is benchmarked against the CRISIL Hybrid 35+65 Aggressive TRI. The AMC is expected to keep the exposure to equity at 65-70 per cent and the balance in debt. The fund will have an exposure to equity, a multi-cap portfolio with large-cap bias. The debt portion will be a mix of corporate bond and market instruments.

Aditya Birla Sun Life’s new chat platform

Aditya Birla Sun Life Insurance (ABSLI) announced the launch of the advanced version of DISHA, DISHA 2.0. This AI-enabled chat platform is available 24*7 to provide any information or service related to the life insurance offerings by ABSLI on a real-time basis. DISHA 2.0 is equipped to understand customers’ needs and requirements. It provides information on plans related to protection, health and savings etc. Customers can also instantly avail of services such as updation of their profiles (mobile, PAN, email id, aadhaar and address), getting tax certificates, and learn their policy details and fund value without any human intervention. To strengthen security, it has a login via OTP-based verification through the registered mobile number.

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