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Thread: Which one is better LIC Money back policy (20 years or 25 years term) or LIC Jeevan Anand (20 years term)?

  1. #1
    NewBie
    Join Date
    Jun 2012
    Location
    Dibrugarh
    Posts
    1

    Smile Which one is better LIC Money back policy (20 years or 25 years term) or LIC Jeevan Anand (20 years term)?

    I'm chon from Dibrugarh. I'm looking for an LIC policy. I'm 27 years old, employed. Can you please tell me which one is better LIC Money back policy (20 years or 25 years term) or LIC Jeevan Anand (20 years term)? Really confused. I'm looking for life cover as well as lump sum interval return.

    Sum assured: Rs. 10,00,000
    Premium payment: Monthly
    Nominee: Spouse, no children
    Loan on policy: optional


    Please help me Sir/ Ma'am.



  2. #2
    Administrator
    Join Date
    Apr 2009
    Location
    Chennai
    Posts
    255

    Default

    LIC Jeevan Anand is better than LIC Money back policy.

    What is your purpose of buying these policies?
    You will pick up maximum wrong numbers when on roaming.

  3. #3
    PW Stalwart Manish_Kumar's Avatar
    Join Date
    Apr 2009
    Location
    Patna
    Posts
    268

    Default

    I'm looking for life cover as well as lump sum interval return.
    For life insurance buy term insurance and for investment go for PF, FDs, Gold or MFs - all these give you better return then LIC policies.
    Everyone has a scheme of getting rich.. Which never works.


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