It totally depends on the type of plan and the person's age and other demographic factors. If you are looking for a Term Plan, the premium would be much less than an Endowment Plan or a Whole Life. 

• Asked By: Swarna Prabha Samal
• On: 18th May 2013
• Answered Within: 2 Days

It totally depends on your risk appetite and what is the tenure for investment and how much you wish to invest and what kind of liquidity you require. If you are a risk taker and wish to remain invested for a longing period of time with no hurry of liquidity then you can surely opt for Unit Linked... Read More>>

• Asked By: kishore
• On: 15th Apr 2013
• Answered Within: 20 Hours

There is no fixed rule. It totally depends on your income, lifestyle, health and the insurance company's perspective and underwriting guidelines. As far as you are concerned, you can apply for the same and check whether it is approved or not. The simplest calculation says that at 46 years of age,... Read More>>

The meaning of this statement is that you can get upto Rs 1 crore of Life Insurance Coverage such that if anything happens to you within that tenure, i.e. death then your nominee would get the entire Rs 1 crore as Death Benefit and for that you have to pay a premium of Rs 575 per month, i.e.... Read More>>

It is awesome that you have thought about planning your investment at such an early age in systematic manner and following it too. However, unless you tell us your requirements, it would be very difficult for us to be able to provide the correct option for you.

If you need a Guaranteed Returns Plan,... Read More>>

If you tell us your requirements, then we could narrow the search and provide more specific options.

I am confused about what exactly do you need! If you are looking for an Endowment Plan, then you can consider:

It is awesome that you have thought about planning your investment at such an early age... Read More>>

No there are no maternity benefits in LIC Jeevan Anand. In fact you can get maternity benefits from health insurance policies

 

Hi,

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. Please decide what you need before you purchase the same. If you need coverage, take a Term Plan for your mother and if you need returns... Read More>>