Hi,
I am working in a MNC in Bangalore. I am looking to buy LIC to cover myself. Could you please tell me - which is the best - term insurance cover or endownment policy?
Thanks,
Head
Which is the best - term insurance cover or endownment policy?
Hi,
I am working in a MNC in Bangalore. I am looking to buy LIC to cover myself. Could you please tell me - which is the best - term insurance cover or endownment policy?
Thanks,
Head
Keep investment and insurance seprate. So invest only in Term Insurance.
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Both policies have there own benefits and demerits. Endowment policy is good for proposers, who are looking for life cover and some return on investment after some period. Term Policy - Only provide risk cover, so no return after term is over. And the insurance cover is till the term of the policy.Originally Posted by head
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Fully Agree with Expert.
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
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