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 I need help friends! I am interested for medical insurance, but i dont know anything, plz suggest me!?
Idont know which policy is good and plz also tell me if i do a insurance after how munch time i can claim for that?which is smallest time priod policy and how much i have to invest for that.
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Praveen S
SIr, I have taken a LIC Policy in my mothers name.She is know 49 Years.Plan is Market+ Pension. ?
Agent told that after 5 years( 10,000 p a x 5 yrs) , she will get 8,000.00/pm as pension. So please confirm the details regarding pension( 8000 pm).
                     
 




Shreeniwas Gadiyar
This policy gives NAV based returns which are purely based on performance at the end of 5 years. There is no assured return.


Anand V
Buddy this guarantee does not come with ULIP policies. this could have happened if the market was going upward like it was till the past few months.

Given the current market status, this seems to be pretty impossible.

Note: There is nothing called guaranteed returns in market related instruments. The agent would have shown you a pamphlet that would have listed out the value of your investment after 'n' years. But that is only projected returns. If you read the note section of it, it would say that past returns may or may not be sustained in future. So pls be careful while investing in future.

All the best


sreedevianilnair
You will not get that much amount. It depends on the NAV of your policy and balance units available with you.


bhushan s
Rating
Why dont you get realistic while buying on such promises?

Whats the point cribbing now? Sorry to say but some common sense could hvae helped.

You will not get more than 500 p.m.


babybear
i think you got wroughted son


vishu bharal
Rating
not possible,


satheesh
I think the policy you have taken is market plus pension. From the money you pays to LIC they will take a portion as their charges (24%) for the first year and 4% for the subsequent years. So they will take 2400 from the first 10000 you paid and invest 7600 in the share market depending upon the fund you have selected. They are also charging some amount monthly towards administration charges and also for insurance charges. Then the second year 9600 will be initially invested and the charges are taken monthly. my relative who paid 10000 every year for the last five year under a similar plan have now 50333 in the account now. only a growth of 333. so don't believe in these offeres mostly made by agents. if you have received the policy document and not 15 days is over get it returned and collect the money immediately.


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