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Q.

I am 34 years old. My savings is around 3lac per annum. which will be the best LIC policy for me? pls suggest

Asked by bobby, 10 Mar '09 05:07 pm
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Answers (12)

1.

Dear bobby. DONT take any LIC Policy for GOOD Returns. Returns of LIC Policies will be lesser than PPF. Take Insurance Policy only if you want a Protection Cover for your Dependents. Invest in 5 Tax Saving / Diversified Equity Equity Mutual Funds by SIP of Rs.25000 per month . P.C.Sharma 020-25667486 / 9226141137
Answered by prakash sharma, 11 Mar '09 06:03 am

 
  
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2.

FRIEND, INVEST ONLY A PART IN POLICIES, REST WITH BANK.
Answered by RAM PARTAP AGGARWAL, 10 Mar '09 10:20 pm

 
  
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3.

Though you want to know about lic policies but i would advice you to invest in those policies which will give you maximum cover in terms of insurance and at cheapest cost coz as far as reliability is concerned each company is as reliable as LIC as each company is regulated by IRDA.There are certain options available where one's family is secured even if there are any liabilies such as loans (housing, vehicle etc) to be cleared off and under no circumstances can any court / law can force your family to repay the debts from the claim amount in case of death of the insured person.This is covered under MWP Act. If you want to know more kindly send me an e.mail with your contact details and purpose for your investment,so that one of my friends will get in touch with you.My e.mail i.d is hitesh.chhabria@axisbank.com Ensure you that your details will be kept confidential.
Answered by Hitesh Chhabria, 10 Mar '09 06:06 pm

 
  
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4.

LIC of India is 53 years old company, therefor you always go with LIC. Many Plans available of investment of LIC.. Pl. send details of you, i am providing best policy to you.. lalasalunkhe@gmail.com
Answered by Lala Salunkhe, 10 Mar '09 05:45 pm

 
  
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5.

Hi Bobby, I am financial Advisor from ICICI Prudential Life Insurance Company. I will try to give best solution for your current requirement as well as for your life. please contact me at idopersonalloan@rediffmail.com
Answered by Shakil 9823828467, 10 Mar '09 05:43 pm

 
  
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6.

Data given is insufficient. It takes at least half an hour to construct a good plan matching yr needs and funds present inflows and outflows, family structure their life stages etc.
Answered by hari kishan, 10 Mar '09 05:43 pm

 
  
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7.

Combination of Term insurance and Jeevan Ananad ( Term Sum 35 Lac & Jeevan Ananad 15 Lac will be ideal solution.
Answered by Prakash Bhatt, 10 Mar '09 05:38 pm

 
  
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8.

Hello Bobby, Don't go for any private sector investements. Its always better to go with LIC because its very much trustworthy. Even i have 3 policies from LIC for which i am paying 60,000 per annum as Premium. For more information you can get in touch with me 'abhi4u05@gmail.com'
Answered by abhishek choudhary, 10 Mar '09 05:34 pm

 
  
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9.

LIC is the best choice of investment. Please provide me your age and your personal email id to licprashanth@rediffmail.com. I will provide you best investment from LIC.
Answered by Prashanth, 10 Mar '09 05:34 pm

 
  
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10.

Take a term insuance and for the rest of the money - create PPF accounts in the name of yourself, your wife and children.
Answered by Arijit Ghose, 10 Mar '09 05:32 pm

 
  
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