Hello sir, I am a salaried individual of 32 years , I already have a term insurance now I want to take a LIC plan kindly guide which plan should I opt?
2 Answers
Hi,
May I know your investment objective to consider LIC plans?
What is your investment time-horizon?
Are you adequately saving for your high-priority goals like Retirement etc.,
Sir I want to invest it for around 15-20 yrs for children education purpose, my employer has given me a retirement plan, I have a ppf account and a 50lac term plan
Hi,
If you are looking for investment, kindly do not pick traditional life insurance plans. The expected returns from most of the traditional plans can be around 5%.
If you have adequate life cover through term insurance plan then there is no need to invest in any types of Life insurance plans.
Kindly read :
May I know about the retirement plan provided by your employer?
Do continue with your PPF account contributions..
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