University of Louisville Expands Global Reach with Strategic Recruitment Plan in Hyderabad, India


The University of Louisville, an esteemed institution with a rich history dating back to its founding in 1798, is excited to announce its ambitious plan to directly recruit students from Hyderabad, India. This strategic move, unveiled during a press conference at Aditya Park Hotel in Hyderabad on January 30th, underscores the university's commitment to fostering international diversity and collaboration.

Known globally for its commitment to quality education and excellence, the University of Louisville aims to extend its global footprint by offering a diverse range of undergraduate and graduate programs tailored to the specific needs of an expanding student population, with a particular focus on students from India.

“At the University of Louisville, we have been a beacon for students worldwide, and with uniquely designed programs, we are eager to welcome a diverse cohort, particularly from India,” stated Dr. Paul Hofmann. The university is delighted to inform prospective students that it is now offering state tuition fees for its MS Engineering courses, with a flat fee of $13,800 per year, regardless of the number of credits. This transparent and cost-effective pricing structure aims to enhance affordability without compromising on the quality of education.

Dr. Hofmann emphasized, “We believe this pricing structure not only makes education more accessible but also provides a transparent and cost-effective approach for students pursuing excellence in engineering studies.”

The University of Louisville has launched its international recruitment drive with a focus on Master of Science programs in Computer Engineering, Civil Engineering, Bioengineering, Industrial Engineering, Mechanical Engineering, Chemical Engineering, Material Science Engineering, among others. Collaborating with the esteemed international service partner, UniversityHUB, based in Hyderabad, the university aims to streamline recruitment efforts, particularly in fields such as Business, Engineering, Nursing, and Public Health.

“As a university situated in the vibrant city of Louisville, we are excited to introduce our students to the dynamic business and technology landscape, making a substantial contribution to their educational journey,” said Dr. Paul Hofmann.

In collaboration with UniversityHub, the University of Louisville will host multiple “Spot Admissions” events in India, offering students and their families an opportunity to explore academic offerings and engage with admissions representatives and university leadership. The first Spot Admissions event is scheduled for Feb 1st at Aditya Park, Ameerpet, marking the initial step for eligible students to discover how the University of Louisville can pave the way for their academic and professional advancement.

Dr. Anil Palla, Founder of University Hub, expresses confidence in the University of Louisville's admissions process, drawing on a successful track record of assisting 100,000 students in achieving their aspirations at top U.S. institutions. Dr. Palla specifically highlights the University of Louisville's compelling cost-to-quality ratio, particularly in engineering courses, along with available scholarships for various undergraduate programs.

Underlining University Hub's free services, Dr. Palla emphasizes their comprehensive support, encompassing Free IELTS and Duolingo training, university selection, preparation for interviews, and pursuit of Master's degrees. The partnership with the University of Louisville provides a unique opportunity for students to access a prestigious public institution, enhancing U of L's global education commitment and international collaboration.

For the latest information on the programs and any updates, please refer to the official University of Louisville and University Hub websites or contact University Hub directly.

– [University of Louisville Website](https://louisville.edu/)
– [University Hub Website](https://universityhub.com/)

IKEA announces doorstep deliveries in 62 new markets across the states of Maharashtra, Karnataka, Andhra Pradesh, and Telangana



Shoppers can now order their favorite home furnishing products through the website www.ikea.in, the IKEA shopping appand via its Shop By Phone assistance service, starting February 1, 2024

 

IKEA, the world’s leading Swedish omnichannel home furnishings retailer, announces the launch of its ecommerce deliveries to thousands of pin codes across 62 districts in the states of Maharashtra, Karnataka, Telangana, and Andhra Pradesh. The expansion comes into play as IKEA continues to seeexcitement, demand andvisits from thousands of customers hailing from nearby cities and towns to shop from the IKEA stores.

These new customer meeting points will offer a full range of over 7,500 well-designed, affordable, good quality, functional and sustainable home furnishing products, along with practical solutions for the home. Customers will be able to search, find and buy their favorite products using the IKEA app, order online via the brand website www.ikea.in or through its “Shop by Phone” assistance service.

Susanne Pulverer, CEO & CSO (Chief Sustainability Officer), IKEA India shares,“IKEA has received a lot of customer love and trust over the last five years from Maharashtra, Karnataka, Andhra Pradesh, and Telangana. Expanding our reach further in these markets means making IKEA more accessible to our customers, more convenient, and truly omnichannel. We see great potential in ecommerce helping us inspire and make our solutionsavailable to the many Indians. We will leverage the distribution capabilities of our existing physical stores in these states to fulfil the demand from online channels. These emerging cities are key hubs for online retail growth, and we are thrilled to bring the IKEA experience to the doorsteps of our many customers in India.”

Customers can easily explore IKEA's app and website, which focuses on creating a better life at home through home-inspiration designs, product feed, ratings, and reviews. They can browse offers and explore New Lower Prices on products along with special discounts upon signing up as an IKEA Family member. Furthermore, customers can also avail services such as kitchen planning, living room planning, interior design services, personal shopper, etc. at the comfort of their homes by visiting the customer service section on the website.

Speaking on the home trends that will help IKEA shape and strengthen its relevance in these markets,Susanne adds,Indians have a very positive outlook about their homesand see it asan important enabler of physical, emotional,and mental well-being for themselves and everyone around them. Our recent ‘Life at Home’ report highlighted the needs of theIndian homes for better storage solutionsand focus on good sleep. We have many solutions for creating a better life at home and now we are ensuring they are accessible and affordable for all.”

Currently, 72% of customer orders in existing markets are fulfilled via Electrical Vehicles. With this expansion, IKEA aims tobuild further capacities in its supply chain, making it moresustainable. 

Satya School appoints Manisha Malhotra as the new Director-Principal


Satya School today announced the appointment of Manisha Malhotra as the new Director-Principal of the school effective February 12, 2024. In a move that will enhance the school's leadership and academic excellence, Manisha will take over the charge from the current Executive Principal, Neeti Bhalla Saini.

 

Manisha is an experienced academician with a distinguished career spanning over 26 years at The Shri Ram School in Gurgaon, where she held the prestigious position of Principal – Senior School from 2013 to 2023. Manisha’s exceptional leadership and foresight leftan enduring impact on the institution. With an extensive experience of running the national curriculum, one of her notable achievements was the establishment and successful implementation of the International Baccalaureate (IB) Programme in 2005, highlighting her commitment to fostering a globally recognized educational environment.In 2015, she further expanded the school's academic offerings by introducing the Cambridge IGCSE curriculum.

 

With over three decades of experience, she brings an impressive record of accomplishmentin providing Educational Leadership, demonstrating dedication to cultivating a positive and inclusive learning atmosphere for students, as well as facilitating professional growth among the faculty. Manisha has held senior leadership roles inCurriculum planning, Teacher training, Staff & Student development, Strategic Planning and has played an instrumental role in drafting and implementing innovative policies for the school. Her contemporary working knowledge, organizational ability coupled with a reflective nature has contributed significantly to the education community in the country. Prior to her role as Principal, Manisha served as an IB Coordinator and the Head of the Department of Biology &Environmental Sciences.

 

***

The Scindia School’s Brass Band delivers an outstanding performance for the Prime Minister’s Rally as part of the 75th Republic Day Celebrations


New Delhi, January 29, 2024-An esteemed group of 45 students from The Scindia School, Gwalior, proudly represented their esteemed institution and delivered an outstanding performance at the Prime Minister's Rally on January 27th. With each assured stride, these students continue to uphold the school's unparalleled legacy. Since making its debut in the parade in 1973, the school's brass band has consistently distinguished itself as a prominent highlight at the Republic Day celebrations every year.


Mr Ajay Singh, Principal, The Scindia School, was brimming with pride as he said, “This year, our brass band joined forces with the bands from Sainik School Kapurthala, the North East region, and Pilani, all under the leadership of Band Major Vaibhav Aggarwal from The Scindia School.Since 2005, our band has proudly marched along the Kartavyapath. Notably, it has presented numerous Guard of Honour displays for various dignitaries, including a notable performance last year before the Chief Minister of Delhi, Arvind Kejriwal, at the National War Memorial. This year the band presented the Guard of Honour display to the Vice President of India on 5th January and to the Chief of Army Staff on January 9th. This was followed by brand presenting the Guard of Honour display at the Republic Day Celebration Horse Show event and to the Honourable Defence Minister of India on 20th January.”

He further added, “The brass band also performed at the Prime Minister’s Rally on the 27th and received immense appreciation and accolades for its performance.Our brass band remains a source of immense pride for us, showcasing ongoing accomplishments each year. The dedication and discipline exhibited by the students in the parade reflect the values that define our daily life at The Scindia School.”

The Scindia School is recognized across all the schools to have the most extraordinary brass band. For its consistent exemplary performance at Prime Minister’s rally, Band Major Vaibhav Agrawal was honoured with the Best Band Major award for his exceptional contribution to the Band display.

VietJet makes it easier for Indians to fly to Chengdu (China)

~`The airline is offering thousands of tickets priced from INR 5,555 (*) starting from January 25, 2024~


VietJet, Vietnam’s leading new-age carrier has announcedits international flight network with the new routebetween Ho Chi Minh City -Chengdu (China), contributing to promoting trade and tourism between the two cities and two countries Vietnam – China.

 

The airline will operate 7 return flights per week starting from February 10, 2024. The flights will depart from Tan Son Nhat International Airport at 19:10 (local time) and arrive at Chengdu Tianfu International Airport at 00:15 the next day (local time). The return flight will depart from Chengdu at 00:50 (local time) and land in Ho Chi Minh City at 03:55 (local time).

 

To celebrate this new route between  Ho Chi Minh City – Chengdu (China), the airline is offering thousands of tickets priced from INR5,555 (*) for passengers booking for flights between India and Vietnam from today.Passengers can avail this offer at www.vietjetair.com and Vietjet Air mobile apps, with the flight period from February 10, 2024 to March 30, 2024.

 

Vietjet has been operating for over a decade with around 450 flights daily across 120 routes connecting Vietnam with other countries across Asia and Australia. The airline’s international network includes destinations in Australia, Northeast Asia (Japan, Hong Kong, South Korea, Taiwan, mainland China), Southeast China and Kazakhstan. Further The airline is currently operating a total of 35 weekly round-trip flights that will establish a direct connection between five key Indian cities – New Delhi, Mumbai, Ahmedabad, Kochi, and Tiruchirappalli – and the Vietnamese cities of Hanoi and Ho Chi Minh City. The airline has effectively solidified its presence and connectivity between Vietnam and India

 

The airline delivers joy-filled flights through its eco-friendly fleet and dedicated cabin crews. Passengers savor Vietnamese and international cuisines, including iconic dishes like Pho Thin and Banh mi Vietnam, while accumulating points for exclusive rewards through the Vietjet SkyJoy loyalty program.

 

Start the New Year with your journeys to the world, real deal to new me, let’s Vietjet!

 

(*) All in one way; terms and conditions; 

Nissan & Akshaya Patra Foundation partner to provide over 50 lakh meals to New Delhi school students


        The partnershipprovided 50 lakh meals from January – December 2023

        Students benefitted are from the Central Govt. and State Govt. aided schools in New Delhi

        School Meal Program in alignment with Prime Minister’s POSHAN initiative

 

Nissan Motor India Pvt. Ltd. (NMIPL) and The Akshaya Patra Foundation (TAPF), one of India's largest non-profit organizations, have been working together since January 2023to support the food & nutritional requirements of the children pursuing theirelementary education in Government schools of New Delhi.This collaborative initiative, undertaken by Nissan Motor India and The Akshaya Patra Foundation, reflects a shared commitment to building a healthier future for the country by fostering a robust and educated human workforce.

 

Key Outcomes of the Project:

 

·         With the support of NMIPL, TAPF provided nutritious 50 lakhmeals to studentsin 2023.

·         The programhas positively impacted over 49,000students from low-income communities between January and December 2023.

·         Meals have been successfully distributed to over 300 schools as part of the program's outreach.

·         Each meal directly contributed to the health and well-being of a child, laying the groundwork for a healthy childhood.

·         Well-nourished children are not only more likely to thrive academically but also experience improved performance, paving the way for increased opportunities in their future endeavors.

 

Commenting on the initiative, MrRakesh Srivastava, Managing Director, Nissan Motor India, said, “The collaboration between Nissan Motor India and Akshaya Patra reflects our shared commitment to make a lasting difference in the society in alignment with the Prime Minister’s POSHAN initiative. By addressing crucial issues of nutrition and education, we are investing in the future of children. Through this partnership of providing meals, we are addressing the challenge of students supporting them with a promise of better tomorrow driving a positive change and empowering the young generation.”

 

The School Meal Program, sponsored by Nissan Motor India, has been effectively implemented through four Akshaya Patra kitchens in New Delhi. This program aligns with the objectives of the Mid-Day Meal initiative by the government, addressing vital issues such as food security, nutrition enhancement, increased school attendance, reduced dropout rates, and elimination of discrimination among children.

 

Expressing the gratitude to Nissan for its invaluable support to this noble cause, MrBharatarshabha Dasa,National President Operations and Projects of Akshaya Patra Foundation, has remarked, “We are delighted to share the success of our collaboration with Nissan in serving a substantial number of meals to school students in New Delhi throughout 2023. The School Meal Program, a joint effort with Nissan Motor India, not only aligns with the Prime Minister’s POSHAN initiative but also addresses crucial issues like food security, enhanced nutrition, increased school attendance, reduced dropout rates, and the elimination of discrimination among children. We remain committed to making a lasting difference in the lives of these students.”

 

The program's significant impact on reducing micronutrient deficiencies and strengthening children's immunity against infections has been complemented by regular consumption of Mid-Day Meals. This has not only improved the overall well-being of the children by decreasing the prevalence of anemia and promoting healthy weight and height development but has also played a crucial role in their educational journey. Well-nourished children are more likely to thrive academically, resulting in improved performance and increased opportunities for their future.

 

Nissan Motor India and Akshaya Patra Foundation are committed to building a brighter and healthier future for the nation by nurturing a strong and well-educated workforce. This collaborative effort persistently provided sustained nourishment and empowerment to the children, ensuring a future that is not only brighter but also healthier for them.

 


Anantha rehabilitation Centre to Address Critical Healthcare Gap in Hyderabad


* Sri Chinna Jeeyar Swamy and Several prominent personalities to attend the inauguration
* 75 beds facility to provide holistic services
* Details shared by CEO Dr. Chandrasheker

Anantha Rehabilitation, Pain Management, and Transitional Care Centre is set to inaugurate on 29th January 2024, at 10.30 am, with Sri Tridandi Chinna Jeeyar Swamy leading the ceremony. The CEO of the Anantha and former Arogya Sri Trust head Dr. M. Chandrasheker, highlighted the pressing need for rehabilitation services in Hyderabad, where nearly one-third of the population requires such care, yet only 5,820 beds are currently available. Among the distinguished chief guests attending the inauguration are AIG chairman Dr. Nageshwar Reddy, KIMS MD Dr. Bhaskar Rao, KIMS-Sunshine MD Dr. Gurava Reddy, industrialist Sri Jupally Rameshwararao, MP Sri TG Venkatesh, and former minister Sri Puvvada Ajay Kumar,
Dr. Chandrasheker emphasized the comprehensive services offered by Anantha, including rehabilitation, transitional care, pain management, and palliative care. Critical Care Physicians and General Physicians will be available 24×7, treating infections in specialized positive and negative pressure rooms. The centre also boasts a team of 10 physiotherapists trained in cardiology, respiratory, sports medicine, neurosurgery, and orthopedics.
“Anantha is one of the largest rehabilitation center in South India, with 75 rooms and a team of dedicated specialists. Our goal is to provide holistic care, addressing both chronic and acute health issues,” explained Dr. Chandrasheker. The centre will offer personalized diet plans, backed by a dietician, catering to individual patient needs.

‘At Anantha, we have created state of the art infrastructure to provide best possible services for our in patients. We have best doctors from their respective fields to provide best medical care. The facility, equipped with 75 beds and backed by 125 staff including doctors and supporting staff specializing in various fields, aims to bridge the existing healthcare gap,’ said Dr. MS Anand Rao,  promoter of Anantha Rehabilitation center
The inauguration promises to be a significant event, with various acclaimed personalities from the medical and industrial sectors attending. Anantha Rehabilitation Centre is poised to make a substantial impact on healthcare accessibility in Hyderabad, offering state-of-the-art facilities and a team of experienced professionals to serve the community.

Anantha offers extensive pain management services including high end equipment like radio frequency ablation machines, C arm, ultrasound which can tackle chronic low back, knee and facial pains, complicated pains and cancer pains. Pain management department is managed by internationally qualified pain physician Dr. Anusha Karumuri (Msc pain management University of South Wales, European diploma of regional anesthesia and Indian pain medicine.)
 Anantha’s unique outpatient services offer all multi-specialty services. 

Alma College and University Hub Forge Exclusive Partnership for International Graduate Programs

Alma College, a renowned private institution dedicated to academic excellence since its founding in 1886, is delighted to announce a strategic collaboration with University Hub. This partnership not only underscores Alma College's commitment to global education but also presents an extraordinary opportunity for aspiring students to access exclusive graduate programs.

Alma College, situated in the intellectual hub of Alma, Michigan, has been a symbol of academic growth and community engagement for over a century. The institution's diverse undergraduate programs in arts, sciences, humanities, and social sciences, coupled with a vibrant campus life, ensure a holistic educational experience beyond the classroom.

Victor Finch, Associate Vice President of Admissions at Alma College, remarked, “At Alma College, we believe in fostering a journey of discovery for our students. Our commitment to a well-rounded education is evident in our broad range of undergraduate programs and vibrant campus life.”

In an exciting development, Alma College has entered into an exclusive agreement with University Hub, led by Dr. Anil Palla. This collaboration focuses on specific graduate-level international programs, including a Professional Master of Business Administration (HUB Cohort) and other specialized degrees in communication, cybersecurity, information technology management, data science, engineering management, and computer science.

Dr. Anil Palla, Founder of University Hub, expressed confidence in the admissions process, citing a successful track record of assisting 100,000 students in realizing their dreams at prestigious U.S. institutions. Emphasizing University Hub's entirely free services including English proficiency training for IELTS, Dr. Palla highlighted comprehensive support, including university selection, travel arrangements, and pursuing a Master's degree.

Tim Pinnow, Chief Operating Officer and Dean of Graduate Studies at Alma College, stated, “This exclusive partnership adds a layer of specialization to Alma College's offerings, showcasing our dedication to global education and collaboration with international partners. It opens new avenues for students seeking admission to a prestigious institution.”

For the most current and specific information about these exclusive programs and any developments, interested individuals are encouraged to refer to the official Alma College website and University Hub website or contact University Hub directly.

Celebrating Women’s progress on Republic Day

Republic Day Cheers for Women's Rights

– Dr Nowhera Shaik

As India's Republic Day approaches, a palpable wave of enthusiasm and anticipation engulfs the nation, particularly its women, heralding the celebration of the Nari Shakti Vandan Adhiniyam, commonly known as the women's reservation bill. This groundbreaking legislation, introduced during a special parliamentary session on September 19, 2023 seeks to reserve one-third of seats in both the Lower House and state legislative Assemblies, marking a significant leap toward gender equality in political representation.

The international context underscores the importance of such initiatives, as women's representation in government remains low globally. A staggering 107 countries, including progressive nations like Australia, Germany, the UAE, the UK, and Sweden, have recognized the pivotal role women play in society by implementing quotas in government.

Remarkable examples in Rwanda, Cuba, Mexico, New Zealand, and the UAE, where women's participation in Lower Houses exceeds 50 percent, showcase the transformative impact of inclusive policies. However, India, with its current women's representation standing at around 15 percent, is poised to embark on a journey of significant change.

Despite the rise in the number of women candidates over the years, India's Lok Sabha still exhibits a low representation of women. Historical data reveals the stark contrast: in the 1957 elections, 49 percent of the 45 women candidates were elected as Members of Parliament. Fast forward to 2019, and only 11 percent of the 716 women candidates secured seats. The persistent gap underscores the urgent need for proactive measures.

The inception of the Women's Reservation Bill dates back to 1996 when it was introduced as the 81st Amendment Bill during the tenure of the Deve Gowda-led United Front government. Unfortunately, at that time, it failed to garner sufficient support and lapsed with the dissolution of the Lok Sabha. However, the bill has been resurrected, and Prime Minister Narendra Modi has framed its re-introduction as a historic beginning.

The Prime Minister, in his address during the first session held in the new Parliament building, placed the 27-year old bill in a broader context. Reflecting on India's achievements, from the Moon mission Chandrayaan 3 to successfully hosting the G20, he underscored the significance of this legislative moment in the nation's developmental journey, the “desh ki vikas yatra.”

The timing, while perhaps political, does not diminish the importance of the Women's Reservation Bill. Linked to the next census and delimitation, its impact is expected to come into effect after 2024. Regardless of immediate circumstances, the bill is recognized as a watershed moment in India's democratic journey and is welcomed with open arms.

PM Modi highlighted the government's schemes that have addressed and benefited women, such as the Jan Dhan Yojana, Mudra Yojana, and the PM Awaas Yojana. This comprehensive approach underscores the commitment to uplift and empower women across various sectors.

What sets this attempt apart is the decisive majority backing the bill now enjoys. Unlike its previous attempts, the Women's Reservation Bill is on the brink of becoming law, promising to increase women's representation in Parliament and state legislative assemblies to a transformative 33 percent.

While women were granted one-third reservation in panchayats and local urban bodies in the early 1990s, their numbers in higher echelons of power, notably Parliament and state assemblies, have fallen short of the mark. The current representation of less than 15 percent in the Lok Sabha reflects the need for systemic change. The increase in female turnouts, surpassing male turnouts in 2019 at the national level, further emphasizes the need for substantive representation in law and policy-making.

In the quest to truly harness the demographic dividend, the Women's Reservation Bill serves as a catalyst to pry open closed spaces and dismantle age-old boys' clubs. As the nation eagerly anticipates Republic Day, it is not just a moment to celebrate for its women but for the entire nation. The bill's impending passage represents a forward leap toward a more inclusive, representative, and just democracy. It symbolizes the collective aspiration to build a nation where every voice, regardless of gender, contributes to the tapestry of India's democratic fabric

The upcoming Republic Day celebrations in India will be infused with an unparalleled sense of historic achievement as the Women's Reservation Bill is on the cusp of becoming law. The passage of this transformative legislation before the festivities marks a monumental moment for the nation, especially its women. The bill, with its commitment to reserve one-third of seats in the Lower House and state legislative Assemblies, symbolizes a stride towards gender parity in the political arena.

As the joyous celebrations unfold, there is a prevailing sentiment that this legislative triumph will catapult women to new heights, fostering an era where their voices, perspectives, and leadership contribute significantly to shaping the future of India. The Republic Day revelries will not only commemorate the nation's democratic values but also mark a pivotal juncture in empowering and elevating the role of women in the governance and decision-making processes.

Women have perennially stood at the forefront of the nation's progress, playing an indispensable role in its development. Their contributions, often undervalued, have been integral to the social, economic, and cultural fabric of India. As Republic Day approaches, it is imperative to recognize and applaud the unwavering commitment and resilience demonstrated by women across the country. The passage of the Women's Reservation Bill is a testament to the government's acknowledgment of the pivotal role women play in shaping the destiny of the nation. By providing a platform for increased representation in governance, the bill not only reflects a commitment to gender equality but also serves as a poignant acknowledgment of the indispensable contributions of women to the country's growth.

As the nation gears up to celebrate Republic Day, praising the government for championing this cause becomes an expression of gratitude for recognizing and empowering the catalysts of progress – the women of India.

The passage of the Women's Reservation Bill marks a significant step towards gender inclusivity, yet it underscores the need for sustained and comprehensive women empowerment initiatives in the country. While the bill addresses political representation, a holistic approach is essential to tackle the multifaceted challenges faced by women in India. Continuous efforts should be directed towards education, healthcare, and economic opportunities to empower women at all levels of society. This involves fostering an environment that not only supports professional growth but also champions women's rights, dismantles gender stereotypes, and ensures equal access to opportunities.

(Dr Nowhera Shaik, Writer is Founder President of All India Mahila Empowerment Party (AIMEP), Hyderabad. Email : drnowheraoffice@gmail.com)

Canara HSBC Life Insurance launchesiSelect Guaranteed Future Plus


(A Non-Linked Non-Participating Individual Savings Life Insurance Plan)

 

Canara HSBC Life Insurance has launched iSelect Guaranteed Future Plus, a plan that provides with life insurance and guaranteed benefits to secure goals and offers peace of mind. The plan provides financial security and stability to individuals and their families for different life stages and milestones.

 

The product comes with a host of key features;it provides a life cover that acts as a safety net for the policyholder and their loved ones, offering financial security in uncertain times. With 100% guaranteed benefits, the plan assures certainty in achieving financial goals. Additionally, the plan allows policyholders to build a financial corpus for eventfulmilestones such as marriage, retirement and child education through guaranteed lump-sum benefits at the end of the policy term. The option to receive the total premiums paid at maturity further provides and edge, ensuring a tangible financial return on investment. For enhanced protection, the plan offers optional benefits, allowing individuals to tailor their coverage according to specific needs and preferences.

 

Mr. Akshay Dhand, Appointed Actuary, Canara HSBC Life Insurance on the launch of new product says,“We are delighted to announce “iSelect Guaranteed Future Plus”, it aims to provide unparallel financial stability to the individuals who are looking for guaranteed returns from their self tailored insurance policy. Customized to meet specific insurance needs, the plan offers guaranteed benefits and flexible alternativesfor effectively managing expenses in a longer run. The proposition reflects our dedication to offering reliable solutions across various life stages.”

 

Basis the need of the customers, the plan offers flexibility to individuals to optfrom various plan options offered. The Endowment Option allows policyholders to accumulate a lump sum, ensuring financial support for goals such as marriage, retirement, and education with guaranteed benefits at the conclusion of the policy term.

 

Alternatively, the Regular Income Option enables individuals to establish a consistent income stream after the premium payment term, covering day-to-day expenses and a guaranteed lump sum at the end of policy term for future goals.

 

The Long-Term Income with Return of Premium Option offers the security of guaranteed income over an extended period, managing day-to-day expenses, and providing the additional benefit of return of premiums at maturity.

 

For those seeking immediate financial support, the Early Income Option ensures guaranteed income from the second policy year, addressing liquidity concerns and day-to-day expenses effectively.The plan option can be chosen at Policy inception and the benefits can vary depending on the plan option and premium chosen.

 

The plan offers additional security through two optional benefits;The Payor Premium Protection Cover ensures that all future premiums are waived off if the Payor (i.e. the Policyholder) passes away at any time during the policy term. This benefit is available with the Endowment Option and Regular Income Option. Additionally, the Accidental Death Benefit provides an extra layer of protection, offering an additional payout equal to the sum assured in case of an accidental death.