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Thread: Which one is best for investment - LIC New Bima Gold & Jeevan Saral?

  1. #1
    NewBie
    Join Date
    Aug 2009
    Location
    France
    Posts
    8

    Default Which one is best for investment - LIC New Bima Gold & Jeevan Saral?

    I am interested to invest Rs 15,000 yearly in LIC policy for approx. 20 years, so I had selected two LIC policies - New Bima Gold & Jeevan Saral.

    Please advice which LIC policy is good new bima gold or jeevan saral & if I am going for jeevan saral then I should purchase a single policy or should I split it in 4 policy. What will be return after 15 to 20 years.

    Or


    Advice some LIC policy in which I can invest Rs 15000 per year for 20 years to get good returns.



  2. #2
    Moderator Rahul's Avatar
    Join Date
    Feb 2009
    Location
    Delhi
    Posts
    386

    Default

    First thing first - Insurance is for risk coverage not for investment.

    Jeevan Saral - Endowment Plan
    New Bima Gold - Money back plan

    So it's like comparing apple with oranges.


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