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View Full Version : Looking to invest in insurance for future life safeguard - suggest me a good policy?



James
19-01-2011, 04:21 PM
I am working with a leading MNC. My monthly saving is 10,000 and I am looking to invest in insurance for future life safeguard. I am already paying LIC premium of Rs.35,000 per annum. Please suggest me a good policy, which will give me good return and death coverage.

Expert
20-01-2011, 03:42 PM
Insurance is not for investment, its a risk coverage method. Please buy term insurance for the coverage and invest remaining amount in MFs, FDs etc.

PolicyWala
20-01-2011, 07:26 PM
Go for Term + MFs (ELSS or Equity) + PF etc. Avoid insurance for investment.