Sentences with phrase «anand or»

I am 45 yr.old and have many LIC plus type policies with one money back policy and another one Jeevan anand with 10 lac cover and 80k yearly premiums, but NOT EVEN ONE TERM PLAN POLICY as agents (friends and relatives) approached to give one ploicy atleast.Therefore my question is, should I cancel Jeevan anand or reduce to 5 lac (is it possible?)

Not exact matches

Hi Shantanu, I have taken LIC jeevan anand policy term for 21 years sum assured — 100000 Yearly premium — 53000 Premium paid 3 years — 159000 Now I want to either surrender or paid up my policy.

I need an advice on surrender, paid up or continue LIC new jeevan anand.

After taking jeevan anand policy of lic, no need to take any term plan or do not need to worry about your retirement.

Hello I would like to share my master plan of new जीवन anand policy My age is 30 I have purchased 7 policies of 1 lac sum assured and each maturity year term 26 to 32 I purchased in 2017 Along with I have purchased 3 policies of same jivananad of 11lac each Maturity year term 33,34,35 Now what will I have to pay is rs, 130000 premium per year means 370rs per day At age of 55 in year 2047 I will start getting return, of, 3lac maturity per year till 2054 For 7policies of i lac I buyed for safety of paying next 10 years premium of 130000 As year by year my liability goes on decreasing and at the age of 62 to 65 I get my major part of maturity amount around 16000000 one crore sixty lac Along with 4000000 sum assured continued for rest of life So from above example it is true that you can make money to make money for you You can enjoy a large sum by just paying 370 per day and you will feel you have earned 19000000 / 35 years = 1500 per day And assume if I die after 5 years then in this case also my spouse will get 7500000 as death claim against 650000 paid premium Whats bad in this A asset is getting created for you It is a property of 2 crores which you are buying for 35 year installment If you make fd of 2000000 Lacs against this policy u will get 135000 interest per year to pay for 35 years If u buy a flat for 20 lack in 2017 there is no scope of valuation of Flat will be 2 crores But as I described you are creating a class asset for your beloved easily just investing 10500 per year for 35 years And too buy a term of 50 Lacs with it And rest you earn deposit in ppf Keep in mind if you will survive then only ppf will create corpus for you but in lic your family is insured to a higher extent till 1 crore with term including And its sufficient if you are earning 100000per Month no problem for investing of 10 % in New जीवन anand with rest 90 % you go with ppf, mutual funds, equity, gold, lottery, real estate any thing but keep 10 % for new jeewan anand it's a class if you understand it properly and after all if you rely only on term there are more chances of rejecting claims as one thing is sure cheap things just come under warranty but lic brand is guaranteed because in case of demise if your nominee doesn't get claim then your all hardwork is going to be waste so think and invest take long term and bigger sum assured for least premium You can assign your policy for taking flat or property it is a legal asset of you But term never.

i have jevan anand policy paid 3 year last 2 year not paid person death, premium is yearly 14995 assumed amount is 175000 today how much amount to return full assumed value return or not?

Dear anand, You can only get the no of claims accepted or rejected etc details in IRDA's clam settlemnt report.

Now i am thinking to discontinue jeevan anand and take a term plan and invest the surplus amount in banks rd or ppf hoping it will be good for both insurance and investment.

Please guide whether i m going in right direction or continue with jeevan anand.