Consider taking any term insurance policy
like LIC Amulya Jeevan or ICICI Pru Term insurance or HDFC Click 2 protect.
Dilip, There are several policies
like LIC Jeevan Bachat etc., Majority of them gives 4 % to 5 % annualised returns.
There are many better online term plans
like LIC, HDFC and ICICI.
Further, companies
like LIC (being the oldest company) have people insured from quite old times who would be aged and will have old policies.
Private insurers also have a good claim settlement ratio
like LIC.
Kindly read my articles; Term insurance best plans Term insurance Vs endowment Why you should avoid plans
like LIC Child plan
I am planning to take LIC «s policy 1 lak, but i am confused to choose which one is correct, my age is 32 unmarried statying with family.recently i met LIC agent he explain me some policy
like LIC JEEVAN SHIKHAR, AND LIC BHIMA BACHAT.
The government lets the big PSU companies bleed for their own greed and then use companies
like LIC to bail them out as part of disinvestment where LIC is forced to invest.
For new companies, it can get difficult to convince a customer to buy an endowment plan as they would not have a long bonus history
like LIC.
Dear Chetan, If insurance is for protection or risk cover then why should one take a policy
like LIC jeevan tarun and why not just a Term insurance alone?
The question is, these are the private companies (Not
like LIC — govt.).
Insurance companies
like LIC, HDFC Life and ICICI Life Insurance has higher claim settlement ratio, hence are relatively better compared to others.
if they continued this for long run they get claim only — it can not be settled they came here (INDIA) for business not service
like LIC
Let me reiterate, I neither hate or
like LIC.
So seems
like LIC New Jeevan Anand policy has launched to kill the old one and give birth to a new policy with little added flavor keeping the same features.
Read: Term insurance plans Vs traditional plans
like LIC jeevan anand.
Experts suggest conservative investors to go for endowment plans
like the LIC single premium policy as it offers better returns than the money staying in a bank or a fixed deposit.
Plans
like the LIC single premium policy give significant rebates on the premium if an insured goes for a higher sum assured
LIC Market Plus 1 with life cover
like LIC Market Plus without life cover allowed the policyholder to choose the amount of premium they wished to pay.
Take these factors into account when you choose an annuity plan
like LIC Varishtha Pension Bima Yojana.
If it is a single premium policy
like LIC Varishtha Pension Bima Yojana, then a cheque or demand draft will work.
You can opt for an immediate annuity plan from LIC
like LIC Jeevan Akshay that will pay you additional income.
Accordingly, choose an annuity besides LIC Varishtha Pension Bima Yojana
like LIC Jeevan Akshay.
Like LIC Market Plus plans without cover, investors could move from one fund to another during the tenure of their LIC Market Plus 1 policy
My observation is, players
like LIC, HDFC or SBI are a bit conservative.
Invest in the best monthly income plans whether they are online money income plans or not, whether plans from traditional giants
like LIC or SBI at any point of time — whether it's March or July or October.
Plans
like the LIC and SBI monthly income plan, or from other parties offer a variety of payout options that the insured or the nominee can choose according to their specific requirements.
«Insurance companies
like LIC, are among the largest investors in government securities and the changes could affect the markets in the medium - term,» an LIC executive said.
Kindly read my articles; Term insurance best plans Term insurance Vs endowment Why you should avoid plans
like LIC Child plan
Dear Chetan, If insurance is for protection or risk cover then why should one take a policy
like LIC jeevan tarun and why not just a Term insurance alone?
My observation is, players
like LIC, HDFC or SBI are a bit conservative.
However you may contact NBFCs
like LIC HFL or DHFL in case banks reject your loan application.
Not exact matches
«Increasingly we see instances where
LICs [low - income countries] have borrowed excessively, and unsustainably, from large, often non-transparent emerging sovereign creditors
like China and / or private creditors,» the statement said.
And I had 5 more policies from
lic like this.
2 — You have an allegation that I / ReLakhs may be associated with Pvt insurers, if you can prove this, will stop writing articles the next second 3 — I am not sure if you have gone through my other blog posts on life insurance, I have always suggested to ignore the traditional life insurance plans
like money - back or endowment, be it
LIC or XYZ companies.
Or you suggested to go for marker leaders
like HDFC or ICICI or even more safe
LIC / SBI.
If I got the term plan from
LIC then is it possible or advisable to get another term plan from private company
like MaxLife for an amount of 15 or 20 lacs as the premium of said company is very low.
I ahve few
lic policies
like Jeevan anand of arnd 40 lacs.
4 —
LIC Children's money back policy and why you should avoid child plans
like these..
I do have investments
like 50K to Canara Robeco (G), BNP paribhar (G) ELSS, 2 + Lakhs in
LIC jeevan anand policy.Repaid of 10Lakhs towards Home (Flat).
LIC's with a similar investment strategy can provide a good opportunity for the strategic investor or the investor who doesn't want to do too much work but would
like a little active stock picking in their portfolio.
You can read my post on how I analyse an
LIC, here if you
like.
Because
LICs are listed their shares can be bought and sold on a stock exchange just
like a stock.
Or you can go for Amulya Jeevan 11 term plan from
LIC and pay only $ 16,048 annually and invest the remaining amount of $ 1,18,820 in other financial instrument
like PPF or Mutual Funds.
My gross salary in 2015 - 2016 Rs. 4,26,000.00 Add bonus 2015 - 2016 Rs. 30,000.00 So the total income in the AY Rs. 4,56,000.00 Exemption Rs. 2,50,000.00 So i have to submit exemption expenses
like House rent, Tuition fees,
LIC and Shriram life insurance Premium and how much house rent eligible to show in IT?Actually i am paying per month HR is Rs. 4,000 / - and for the above year for Rs. 48,000 / - can we show in HR A / c?
Some loans
like Loan against
LIC and Loan against FD may have a lower interest rate.
I want to declare my HRA investment under 80GG instead of 80C which has a limit of 1,5 Lakh as I am already exceeding 1.5 Lakh limit with my other investments
like (
LIC, PF, Home Loan Principal, Car running and food expense).
Comparison of the plans can be based on details of
LIC Anmol Jeevan 2 and Shriram Immediate Annuity
like eligibility criteria, policy term, returns etc. for these two plans.