To make you very clear my requirement is....
1.one time premium.
2.More sum assured.
3.Policy term atleast 20 years.
4.I should get loan on that policy.
5.No restriction for ...
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I got reinjured my low back at my job. workers comp is in the process of paying me the days missed from work and doctor's bill. My work hr is aware. Workers comp just needs my doctors medical ...
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I am an insurance agent for a company. I have always been intrigued with becoming an independent agent, but I really don't know much about it. What are the good and bad things to becoming ...
Anirban Banik
Which one is the best children( age right now is 6 months) policy in india right now?
ofcourse, take it easy policy... are you asing about insurance policy? be clear about questions. This poractice is only in india, Consult LIC office for details. Dont go to private company even if they offer more. there are many hidden rules you wont know what will happen after 10, 15 years: So go to LIC office. Or you can open PPF account at post office or banks This is 15 year saving account with 8% interest.
Best regards from sekar
raju
FORTUNE PLUS OF LIC IS THE BEST POLICY. IT IS AN UNIT LINKED POLICY.THE POLICY PREMIUM PAYING TERM IS FIVE YEARS.FIRST YEAR U HAVE TO PAY MINIMUM 20,000.SUBSEQUENT YEARS 1/4 OF THE FIRST YEAR PREMIUM.AT THE AGE OF 18 U MAY BE GET 12 TO 15 TIMES OF THE AMOUNT U INVESTED.
toknowmore
Dear Mr.Anirban
You can blindly go in for LIC's Komal Jeevan Children policy.
If the child is of less than 1 year age, the premium you have to pay is less than Rs.7500/- per annum for a sum assured of Rs.1,00,000/- and LIC will add a guaranteed addition of Rs.7500/- per annum. You have to pay the premium for 18 years and LIC adds Rs.7500/- for 26 years.
You will get 20% at the ages of the child is 18 &20 and 30% at the ages of 22 & 24. And finally at the age of 26 you will get the total Guaranteed addition plus fianl loyalty addition announced in that year. No other policy this guarantee in returns with a high return.
good luck
pnkmurthy@yahoo.com
http://www.geocities.com/pnkmurthy/lic.html
Gemma
best children policy? what?
Bharat
If you are going for insurance route for accumulation , then read & understand the charges of insurance so that you can take a informed decision.
In my opinion, none of the insurance plan is not fit for accumulation for any need. I prefere to keep insurance & investment seperate.