Looking for life insurance plan with bonus?

[Vinay Kumar]

I am 22 years and totally new to life insurance. I am looking to buy a life insurance plan and at the end of premium paying term, want to receive the bonus.

Please let me know the plan?

[Manish_Kumar]

Insurance is not for investment. First understand about the purpose of life insurance -
1- Types of Life Insurance (http://www.policywala.com/forum/showthread.php/503-Types-of-Life-Insurance)
2- How to choose an Life insurance plan (http://www.policywala.com/forum/showthread.php/1249-How-to-choose-an-insurance-plan)

[himalayan]

It is good to have an life insurance policy, there are many well known insurance companies available in the market who provide variety of plans suitable according to your requirement.

[Paul01]

Life insurance is a long term product that provides you the benefit of compounding while ensuring that your loved ones are taken care off. Remember, more than the amount saved it is the rhythm of savings that helps you realize your dreams faster. Life Insurance in a way, forces you into a steady habit of savings.