Need an advice on which lic policy to buy as a 24 y old. For the investment purpose. Is lic policy really a good investment product?
You, considering an investment based policy... Tells that you are not aware of how avg returns these investment policies give.
You should at least YouTube this and get some knowledge.
Baki LIC policy kya hota hai bhai 🥲... Term, ULIP etc policies hoti hai...
Actually one of my father's friend trying to sell some policy to me, and it's very difficult to say no to him so I thought atleast buy something which is useful. 🥲
Don't mix insurance and investment. Buy term insurance and look into Equity, Debt, Gold etc. For investments based on risk. Longer the horizon more allocation to equity.
I already had term insurance.
Simply invest in other areas then. The return is so abysmally low that I just closed one of the older policies by paying 50% penalty because moving out from here would still be beneficial even after the penalty
The only things you need
https://joinditto.in/ https://www.beshak.org/ https://amc.ppfas.com/
Emergency fund 🫠
Whats your strategy when it comes to Insurance?
ULIP with life cover (the ulip returns outdo the insurance by the time the policy ends usually) Vs Term life
Health ( Family floater Vs Individual cover ) assuming no pre existing con...
Which company is giving best term insurance? Till what year have people brought term insurance? What have you kept retirement age there? How useful be 1 crore term insurance be after 50-60 yrs considering inflation? I am currently 25 ...
Is it necessary to have term Life Insurance?
Yes no why which company
Please Help and share your thoughts
