Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Should i invest my money in LIC money plus policy because i have heard that you have to invest Rs.10000 for 3yrs & after 20yrs you will get 16lakhs if not 16lakhs than what will be minimum amount i will get after maturity

Tags: rs, lakhs, money
Asked by sachin parab, 19 Apr '07 03:49 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (5)

1.

If it will be Rs.16 lacs in LIC then in ICICI it will be 20 lacs dear. For further see below or call me.

You should take ICICI Prudential Life Insurance Company's ULIP Plan (Mutual Fund based). There you will get better returns alongwith Tax benefit and Insurance. Here you can pay only for three years and can take plan for number of years according to the age of child i.e. maturity will be between 18-25 years of age. If you want to pay for long, you can pay and if not then pay only for three years.

After three years you can withdraw, partly withdraw and can run the plan for a long way.

ICICI is the AAA rating company and have given returns 68% in the last year for
your deposits and average 38% for the last six years since inception. ICICI is
the number one private Insurance Company.
...more
Answered by Satyavir, 19 Apr '07 06:54 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Our Defination of Insuarance : A Contract That Keeps You POOR All Your Life So You Can Die RICH. If you scratch your brain i m sure u too will want to agree with me.But is there any onter avenue that can secure our LIFE (Death). Yes there is but not many are Aware. Everybodys efforts ultimately lead to Wealth. According to us Wealth is Having Money & the Time to Enjoy it. INTRESTED - Waste no further time , Get in touch with me. Regards, Sameer.
Answered by Sameer R. Tandale, 19 Apr '07 04:32 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
3.

It depends on share market. it can give more or the amount will not get back also as the case may be.
Answered by radhe g, 19 Apr '07 04:01 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Consult with proper advisory consultant
Answered by Kshitija Pednekar, 19 Apr '07 03:51 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

No, it lic have never launch this type of policy for more info. use website of lic.
Answered by Vishwajeet, 19 Apr '07 03:50 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining