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Thread: LIC policy with good returns with least premiums for my daughters!

  1. #1
    NewBie
    Join Date
    Mar 2009
    Location
    Bhopal
    Posts
    24

    Question LIC policy with good returns with least premiums for my daughters!

    My age is 33 year and have 2 daughters, 9 year and 2 year old respectively. Please suggest me best life insurance policy, so that I can get good returns with least premiums. I want to make sure that, I have enough money when my daughters reaches 18 year. At the same time I want to make sure that I have good amount of money in my hands at retirement after 10-15 years. Please suggest other than ULIP, preferably LIC policy.




  2. #2
    PW Expert
    Join Date
    Mar 2009
    Location
    Noida
    Posts
    113

    Default

    Go for term insurance plan for yourself for minimum of 10 times of your annual income. Search - policybazaar.com, myinsuranceclub.com and apnapaisa.com and check the cheapest. For the investment invest in long term mutual funds and gold in SIP. Avoid insurance for investment like Child Plans, Money Back Policies etc.

  3. #3
    PolicyWala Fan
    Join Date
    Apr 2009
    Location
    Mangalore
    Posts
    45

    Default

    Invest in Gold, long term MFs, Equities and Buy term plan for yourself.


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