Q.
Do you believe in securing policies of life insurance? Or is it a dead investment?
Asked by Seshadri Srinivasan,
06 Dec '11 11:38 pm
Earn 10 points for answering
Answers (5)
1.
Its a Dead Investment
All Insurance policies bank up the fear psychosis they generate in minds of people about death
Answered by Arun Kumar Verma, 06 Dec '11 11:45 pm
All Insurance policies bank up the fear psychosis they generate in minds of people about death
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
2.
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
3.
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
4.
I had invested in some conventional policies. very long tenure with less returns and life insured for small amounts like 2,00,000 or so.
i also invested in market link policies , but the share market spoiled the fun and the investement
but in march 2011 , i had 65,000 rupees in my hdfc bank account. the manager asked me to invest in insurance. i got carried away with his sales speech , but just bought time and walked out. my instinct told me to invest in gold and i did so. i invested at the rate of 2000 approximately per gram in march 2011 and now it is more than 2,800 per gram. i have 32 gms. 8 soverigns.
i gained rs.800 per gram and more. rs.800X32= 25,600
a profit of more than 30% in just 9 months. who can give such returns. so my experience tells me the best investment is gold or land
Answered by Ataur Rahman, 06 Dec '11 11:43 pm
i also invested in market link policies , but the share market spoiled the fun and the investement
but in march 2011 , i had 65,000 rupees in my hdfc bank account. the manager asked me to invest in insurance. i got carried away with his sales speech , but just bought time and walked out. my instinct told me to invest in gold and i did so. i invested at the rate of 2000 approximately per gram in march 2011 and now it is more than 2,800 per gram. i have 32 gms. 8 soverigns.
i gained rs.800 per gram and more. rs.800X32= 25,600
a profit of more than 30% in just 9 months. who can give such returns. so my experience tells me the best investment is gold or land
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received
5.
..no. no. It is an investment which becomes alive after death.
Answered by M H Kisan, 06 Dec '11 11:42 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received