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Thread: Should I buy - Max New York Life's - Life Gain Plus?

  1. #1
    NewBie
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    Default Should I buy - Max New York Life's - Life Gain Plus?

    I am 30 years old, working in govt. undertaking. One agent is asking me to go for Max New York Life's - Life Gain Plus policy. He told me that it's a good policy and will give me good return. He told me that I will get 110% returns. Please advice.




  2. #2
    PW Stalwart Manish_Kumar's Avatar
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    Apr 2009
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    Patna
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    What is your objective of buying this plan?
    Is this '110% returns' is return on total deposited premium?
    Everyone has a scheme of getting rich.. Which never works.

  3. #3
    NewBie
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    Quote Originally Posted by Manish_Kumar View Post
    What is your objective of buying this plan?
    Is this '110% returns' is return on total deposited premium?
    Good Investment Return and Life Insurance Coverage.
    Yes. He (agent) told me that it's on the total paid premium over the period on policy.

  4. #4
    PW Fan
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    Quote Originally Posted by Ankit_09 View Post
    Good Investment Return and Life Insurance Coverage.
    Yes. He (agent) told me that it's on the total paid premium over the period on policy.
    Avoid this plan and buy term insurance and invest the remaining amount in MFs, Gold or other assets.


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