How can genetic endowment go wrong?

Which insurance plan shall i go far, endowment or money back or whole life or term. i am a bachelour earning 1?

  • Answer:

    Go for term insurance and invest additional money in Mutual Funds.

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Term insurance is almost always your best bet. There are better investment plans than insurance companies.

TotalRecipeHound

Last post i was talking about various insurance options - One of the musts in ur insurance kitty is term plan. y?? They offer u high insurance value at little cost..example : insured of Rs 20 Lakhs (as we had discussed in previous post) costs u only 5722 Rs per annum, while a money back plan costs u a whopping 67000. So y is the term plan so cheap..the flip side is..if u happen to survive the insured period (say 25 yrs), u dont get a dime back.that means an amount of (5722*25) 1,43,000 goes down the drain. So shud u go for it?????????? Ofcourse..there is no doubt about it..It is mandatory..the low costs outweigh the negatives. Also u can go for a mix of policies...

peenuts

icici prudential lic had secure save and life stage assure pension. this is the best

ricky iciciprulife

U have to figure out your future needs and exsigencies that may arise and then decide for the product. Do also check any laon outstanding. Further Life insurance products are only variations of term assurance and endowment policies. every insurer are having attractive schemen and products. all u need is to look out for your needs 10 years from now, then u can decide. Pension plan is also one u can think of. For further assistance to locate inurance companies visit

Devanand Agarwala

hi, Go with unit linked insurance plans...................................... get more return as well as risk cover.

Take out the investment component from your insurance plans. Go for a Term Insurance and invest the rest of the capital in good MF schemes through SIP (Systematic Investment Plan).

Joshi A

If you are a bachelour, then why do you need life insurance? You are earning 1 what? Find a financial advisor. You might repost your question with more information under "personal investments". Life insurance is not an investment.

car253

Jeevan Saral (LIC)is best policy for u. It is best choice for bachelor married too... http://www.dulawat.com , this site will help you to decide thinking to invest in unit link insurance plan or pension plan. Good Luck

Anjani K

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