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Recently answer queries on life insurance - Page 2

i am 52 years old non-smoker male and wish to make a 10 years insurance plan.with a SA 5,00,000/-. I am not interested in term plan. Which is the best insurance policy?

Dear Rudra,

You need to decide what kind of plan you need based on your risk appetite. Whether you need Endowment Plans or Unit Linked Plans based on your risk appetite.

LIC Jeevan Saral is a good Endowment Plan and Aegon Religare iMaximize is a good ULIP.

LIC Jeevan Saral is one of the best Endowment... Read More>>

Asked By: Rudra Narayan Roy
On: 11th Feb 2013
Answered Within: 2 Days

Hi i want to know about LIC Jeevan Saral policy for 30 yersa and Aegon Religare imax for 20 years, Are these policies good to take. Please Advice.

Dear Mukassir,

LIC Jeevan Saral and Aegon Religare iMaximize are indeed 2 good plans that you have chosen for yourself. LIC Jeevan Saral is one of the best Endowment Plans of LIC with a promising amount of Loyalty additions that would be added and iMaximize is a good ULIP Plan. However, both these... Read More>>

Asked By: Mukassir
On: 9th Feb 2013
Answered Within: 1 Days

Hi , I am 27 years old, i have been working since 5 years... but not saved any thing..now i wanted to start saving. Can you suggest best plan/policy which gives the best/guaranteed returns at the end of term.

Hi,

You need to take the plan as per your requirement irrespective of the fact that how much the premium is and all. The premium does not determine the effectiveness of the plan and neither does it state match your requirement for the same.

LIC Jeevan Anand is a very good plan and can be opted for and... Read More>>

Asked By: muppidiarjun
On: 6th Feb 2013
Answered Within: 6 Days

MY INCOME IS 10,000- /- RS. PER MONTH . TRERE ARE 4 MEMBERS IN MY FAMILY SELF MY WIFE TWO SON WHICH LIFE INSURANCE IS BETTER FOR ME THAT COVER PROTECTION & RETURNS ......?

Dear Puneet,

Life Insurance is not a short term product. So, if you are looking for advice on short term pure investment products like Mutual Funds, etc. then you would have to consult specialists. You can surely plan your investments but you need to contact a Financial Planner for helping you out on... Read More>>

Asked By: Puneet sharma
On: 29th Jan 2013
Answered Within: 2 Days

Hello,i have been working for 5 years but i never have insurance. I would likd to go for one policy short term plan. Please help me out with a good policy pkan which i can opt for.

Asked By: Mathingmi
On: 21st Jan 2013
Answered Within: 15 Hours

OUT OF THE FOLLOWING PRODUCTS WHICH WILL BE THE BEST? 1. LIC JEEVEN ANAND 2.BIRLA SUN LIFE - VISION I ENQUIRED ABOUT THE PREMIUM FOR 20 LAKHS SUM ASSURED - 35 YEARS TERM. LIC's PREMIUM IS COMPARITIVELY LESS. SHALL I GO FOR LIC JEEVAN ANAND?

Hi,

You need to take the plan as per your requirement irrespective of the fact that how much the premium is and all. The premium does not determine the effectiveness of the plan and neither does it state match your requirement for the same.

LIC Jeevan Anand is a very good plan and can be opted for and... Read More>>

Asked By: IMMANUEL KANAGARAJ
On: 28th Dec 2012
Answered Within: 3 Hours

I want to know that which plan endowment or ulip will give more returns.In endowment plan i am considering jeevan anand and for ulip sbi life unit plus super for 30 years term.please tell me which policy will give better returns.

Dear Sidhatha,

Please understand that insurance is not an investment product and hence the returns are much lower as compared to any any other pure investment tool like mutual fund, etc. As far as ULIPs are concerned, the returns depend on the market performance of the fund opted for.

LIC Jeevan Anand... Read More>>

Asked By: sidhartha
On: 21st Dec 2012
Answered Within: 21 Hours

Suggest me best life insurance, i wanted to invest 25000 anually for 20 years. My choices are AEGON Religare iMaximize Plan, LIC jeevan saral and Bajaj Allianze investgain economy. Guide me to select among these or if anyother. I wanted good return with less risk.

It totally depends upon your requirements what plan you should opt for. Aegon Religare iMaximize Plan is a Unit Linked Plan and hence the risk associated would depend upon what fund you opt for.

LIC Jeevan Saral Plan is a good plan but it is a long term plan and it should not taken for a shorter... Read More>>

Asked By: abhishek
On: 20th Dec 2012
Answered Within: 22 Hours

My age is 25 and I want maximum returns within a tenure of 3-5 years. Additional feature I would need is tax benefit. No additional feature needed. Please suggest me a good and reliable plan

Dear Ashish,

Please understand Insurance is a long term product and you need to invest for at least 15-20 years before you can expect any return. If you need a product for 3-5 years, your need to opt for short term investment product like Mutual Funds, Bonds, Fixed Deposits, etc. and we are not the... Read More>>

Asked By: Ashish Khanduri
On: 19th Dec 2012
Answered Within: 1 Days

An agent explained me that Max Life Partner Plus Insurance Policy is best ever policy, can any one please guide me , that shall I go for it or not. My age is 36 years. Premium is 72,300 per year.

Dear Sram,

The endowment plan from Max, i.e. Max Life Partner Plus Plan is a plan which is purely for Retirement. Since all benefits are from 61 years to 75 years of age, this plan has been categorized as a Retirement. This is a Traditional Plan with Bonus Facility.

In this plan, the premium has to... Read More>>

Asked By: sram
On: 18th Dec 2012
Answered Within: 12 Hours

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