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Q.

Do you believe in securing policies of life insurance? Or is it a dead investment?

Tags: money, careers, life insurance
Asked by Seshadri Srinivasan, 06 Dec '11 11:38 pm
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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

 
  
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2.

Yes
Answered by vijay, 06 Dec '11 11:39 pm

 
  
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3.

Security for dependants
Answered by jameel ahmed, 07 Dec '11 10:01 pm

 
  
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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

 
  
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5.

..no. no. It is an investment which becomes alive after death.
Answered by M H Kisan, 06 Dec '11 11:42 pm

 
  
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