DWQA User Profile kumarQuestions(4)Answers(2)Posts(0)CommentsHello sir, I have a term life cover for 75 lakhs with Max life. I don’t have any other insurance policies. Have taken out a family floater health insurance for 10 lakhs with star health. Also have a personal accident policy worth 20 lakhs.My mother is a dependent. Paying a health policy of 3 lakhs SI on her name as well. My wife is a home maker, not working. I do pay my house loan and that will complete in another 17 years. I just want to make sure there is a steady source of income to meet my child’s education needs. Thank you.On Answer for Investment option for a regular PayoutHello sir,I’m 35 years old. This is to cover child’s future education and miscellaneous expenses. Child is 2 years now. Instead of paying it out of my income, i could invest a capital and use it to the maximum extent for child’s needs.I have 10 lakhs in mind to invest.My existing investments are in PPF, NPS and few MF’s.Thank you for your kind reply.On Answer for Investment option for a regular PayoutCrop
