i am 25 yrs old and i want to pinch a LIC policy which policy will suit me best and how to approch an LIC agent
Answers: You need to assess first what are you looking for ?
Insurance? Investment? or both?
If you stipulation only Insurance, next Term Plan is the best Insurance to go for. It is the cheapest and comes at a fraction of other endowment, in one piece life or moneyback policies. You can select Anmol Jeevan underneath Term Assurance plans to calculate the premiums for a typical plan at yr age at LIC Premium Calculator
http://www.licindia.com/premium_calculat...
And if you are looking at out of danger long term investments, in attendance are far better investment vehicles than these policies. Read on why Insurance and Investment should never be mixed, and option for other very not detrimental investment vehicles -from a similar query I answered just 5 mins rear legs, here at http://in.answers.yahoo.com/question/ind...
The sooner you take LIC Policy the more you gain on premium. as the premium rate increase due to increasing age. You can steal maximum benefit of premium and investment if you invest just 1-2 weeks formerly your next birthdate. If you are hurried, you can also budge for it immediately.
You can opt for policies which will administer you a handsome amount after some period of time. The timeframe to gain that handsome amount which you can want on. The premium varies as your return timeframe change.
You can ask your friends for any agent of LIC in your nouns. Alternately you can also search for signboards of an assortment of LIC agents . Some of them do post signboards outside their office or flat.
If you want lofty risk coverage but no returns you can opt for those types of policies also, but in that travel case your risk will be covered to any amount, but you will not get returns on your investment. You will catch just coverage.
If you are indian, you should be aware that the first 3-4 installments are borne by the agent. i.e he will foot your premium for first 3-4 months. You can ask him to pay for you. He have to do it. He will do it.
Hi, My dear friend. My suggestion is to invest in mutual funds if your aim is only investment or part linked insurance plan if you want insurance as okay as investment. Investing in conventional LIC plan just about offer accurate returns. Mutual funds carry marketplace risk but if you invest for a long term utter around 10 or 15 years then you will win superior returns as compared to other investment avenues. Mutual fund charge an entry load of around 2.25% so for example if you invest 2000/- per month surrounded by mutual fund then Rs.45/- (2.25% of 2000) will be deduct every month and the rest of the amount 1955/- (2000-45) will be invested in the share souk by the fund manager depending on the debt and equity component. If you invest within Unit linke insurance plan then near charges are very elevated but you will also get an insurance cover. If you invest 24000 every twelve months then roughly around 7000/- will be deduct in the first year as many charges like insurance,fund managment, policy document charge etc and the rest will be invested surrounded by the market. There are charges contained by subsequent years too and that differs from company to company.
http://www.investorcamp.blogspot.com Please consider taking Term Insurance plus Jeevan Saral combination depending on your age.
Please ignore later few lines of Abhijeet message. Passing off of commission is discouraged by Law.
If you are mumbai base i can help you near financial planning. write to me at gadiyarsp(a)yahoo.co.in
I suggest you to filch Jeevan Anand or Jeevan Tarang both whole vivacity policies which cover your whole life span.
good luck
pnkmurthy(a)yahoo.com
http://www.geocities.com/pnkmurthy/lic.h...
ask to lic agent...
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Answers: You need to assess first what are you looking for ?
Insurance? Investment? or both?
If you stipulation only Insurance, next Term Plan is the best Insurance to go for. It is the cheapest and comes at a fraction of other endowment, in one piece life or moneyback policies. You can select Anmol Jeevan underneath Term Assurance plans to calculate the premiums for a typical plan at yr age at LIC Premium Calculator
http://www.licindia.com/premium_calculat...
And if you are looking at out of danger long term investments, in attendance are far better investment vehicles than these policies. Read on why Insurance and Investment should never be mixed, and option for other very not detrimental investment vehicles -from a similar query I answered just 5 mins rear legs, here at http://in.answers.yahoo.com/question/ind...
What is a pious road to attain a lower Progressive insurance rate?
The sooner you take LIC Policy the more you gain on premium. as the premium rate increase due to increasing age. You can steal maximum benefit of premium and investment if you invest just 1-2 weeks formerly your next birthdate. If you are hurried, you can also budge for it immediately.
You can opt for policies which will administer you a handsome amount after some period of time. The timeframe to gain that handsome amount which you can want on. The premium varies as your return timeframe change.
You can ask your friends for any agent of LIC in your nouns. Alternately you can also search for signboards of an assortment of LIC agents . Some of them do post signboards outside their office or flat.
If you want lofty risk coverage but no returns you can opt for those types of policies also, but in that travel case your risk will be covered to any amount, but you will not get returns on your investment. You will catch just coverage.
If you are indian, you should be aware that the first 3-4 installments are borne by the agent. i.e he will foot your premium for first 3-4 months. You can ask him to pay for you. He have to do it. He will do it.
Does sprint cover marine spoil on insurance?
Hi, My dear friend. My suggestion is to invest in mutual funds if your aim is only investment or part linked insurance plan if you want insurance as okay as investment. Investing in conventional LIC plan just about offer accurate returns. Mutual funds carry marketplace risk but if you invest for a long term utter around 10 or 15 years then you will win superior returns as compared to other investment avenues. Mutual fund charge an entry load of around 2.25% so for example if you invest 2000/- per month surrounded by mutual fund then Rs.45/- (2.25% of 2000) will be deduct every month and the rest of the amount 1955/- (2000-45) will be invested in the share souk by the fund manager depending on the debt and equity component. If you invest within Unit linke insurance plan then near charges are very elevated but you will also get an insurance cover. If you invest 24000 every twelve months then roughly around 7000/- will be deduct in the first year as many charges like insurance,fund managment, policy document charge etc and the rest will be invested surrounded by the market. There are charges contained by subsequent years too and that differs from company to company.
http://www.investorcamp.blogspot.com Please consider taking Term Insurance plus Jeevan Saral combination depending on your age.
Please ignore later few lines of Abhijeet message. Passing off of commission is discouraged by Law.
If you are mumbai base i can help you near financial planning. write to me at gadiyarsp(a)yahoo.co.in
I suggest you to filch Jeevan Anand or Jeevan Tarang both whole vivacity policies which cover your whole life span.
good luck
pnkmurthy(a)yahoo.com
http://www.geocities.com/pnkmurthy/lic.h...
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