Hi, I would like to invest for my childs training. How do the LIC market policy work ? What is the minimum amount I enjoy to invest ? I would like a suspended option within the policy. What would be my returns after say 20 years within worst market conditions if I invest 5000 every year ?
Thanks.
Answers: You asked indistinguishable on Moneycontrol also & got a right reply from Ranjan.
Keep insurance & investment seperate due to charges. It is within our interest. We don't earn & save to pass heavy commission to these agents
Start SIP within 2-3 good mutual fund .
Hi!!
I would not warning to invest in LIC's MP. Its an ULIP policy where on earth in much of your money would be diverted to a variety of charges. Instead invest in a obedient mutual fund. You can invest 5000 every year in a appropriate scheme resembling HDFC TOP-200, SBI Magnum TaxGain, Reliance Growth, etc. You also have preference to invest monthly as low as Rs.500/- per month in some mutual fund scheme. If u invest 500 every month, that will be 1.2 lacs in 20 yrs. You can expect ur investments to grow (a) 20% annualized which should be somewhere around 13-14 lacs after 20yrs. Regarding insurance, you can opt for possession plan of any good insurance company. These are mostly very low priced and enjoy no survival benefit. But are best. For a person beside 25yrs of age and life cover of 10 lacs, it will cost of late 3000 annually. Check out term plans from ICICI Prulife or MET Life or even LIC.
Hey presently you don't have to verbs about how, what and when to buy the right Life Insurance plan including from LIC.
You could Compare and BuyNow your choice policies On-line from India's first and largest full service Insurance Portal - InsuranceMall. All products from primary Insurance companies from India and America is listed here.
Here is a immediate link for your perusal :
http://www.insurancemall.in/Forms/frm_G_...
Insurance is a long permanent status commitment, hence I would recommend you to read critical reviews on Indian Life Insurance Products before investing, which is available at Insurance I Opener or Click :
http://www.insurancemall.in/I-Opener/cat...
Buy Insurance. Stay Safe.
Cheers!
MKJ
HI, lug the mutual fund route to achieve your goal. You can invest around 500 Rs per month in flawless mutual fund schemes such as sundaram select focus, HDFC Top 200 etc.
http://www.investorcamp.blogspot.com LIC Market plus is a ULIP plan where on earth in you gain insurance cover along with the income gains for your investment.
LIC have closed the Market Plus Plan on 31.3.2008.
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Thanks.
Have you or anyone you know worked for AFLAC?
Answers: You asked indistinguishable on Moneycontrol also & got a right reply from Ranjan.
Keep insurance & investment seperate due to charges. It is within our interest. We don't earn & save to pass heavy commission to these agents
Start SIP within 2-3 good mutual fund .
Hi!!
I would not warning to invest in LIC's MP. Its an ULIP policy where on earth in much of your money would be diverted to a variety of charges. Instead invest in a obedient mutual fund. You can invest 5000 every year in a appropriate scheme resembling HDFC TOP-200, SBI Magnum TaxGain, Reliance Growth, etc. You also have preference to invest monthly as low as Rs.500/- per month in some mutual fund scheme. If u invest 500 every month, that will be 1.2 lacs in 20 yrs. You can expect ur investments to grow (a) 20% annualized which should be somewhere around 13-14 lacs after 20yrs. Regarding insurance, you can opt for possession plan of any good insurance company. These are mostly very low priced and enjoy no survival benefit. But are best. For a person beside 25yrs of age and life cover of 10 lacs, it will cost of late 3000 annually. Check out term plans from ICICI Prulife or MET Life or even LIC.
Does anyone know a justifiably price strength insurance contained by spanking new jersey?
Hey presently you don't have to verbs about how, what and when to buy the right Life Insurance plan including from LIC.
You could Compare and BuyNow your choice policies On-line from India's first and largest full service Insurance Portal - InsuranceMall. All products from primary Insurance companies from India and America is listed here.
Here is a immediate link for your perusal :
http://www.insurancemall.in/Forms/frm_G_...
Insurance is a long permanent status commitment, hence I would recommend you to read critical reviews on Indian Life Insurance Products before investing, which is available at Insurance I Opener or Click :
http://www.insurancemall.in/I-Opener/cat...
Buy Insurance. Stay Safe.
Cheers!
MKJ
How long does it purloin to settle a trust?
HI, lug the mutual fund route to achieve your goal. You can invest around 500 Rs per month in flawless mutual fund schemes such as sundaram select focus, HDFC Top 200 etc.
http://www.investorcamp.blogspot.com LIC Market plus is a ULIP plan where on earth in you gain insurance cover along with the income gains for your investment.
Can I own more than one home insurance contained by India? If yes, what is the procedure?
LIC have closed the Market Plus Plan on 31.3.2008.
Resolved Questions: