LIC Endowment Plus table 802?

I have taken money back lic policy 20 years (table 75), is it good?

• i have taken money back lic policy 20 years with SA 1,00,000 , is it good , is there any possiblity to enhance the same policy with in 1,50,000 /-

• Answer:

  it is good as you will have full insurance cover irrespective of how many money backs u have taken and as a prudent investor when u have committed to pay the premium for 20 years dont try to pay the premiums from the moneyback amount instead invest the money back amount as a fixed deposit in postoffice or mutual fund or bank and see.. to how much amount it grows. and u cannot increase the sum assured of the policy instead u can take a new policy for Rs.50000/-