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Thread: Single Premium - Insurance Plan

  1. #1
    PolicyWala NewBie
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    Aug 2009
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    India
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    Default Single Premium - Insurance Plan

    Hi all,

    I would like to take a single premium insurance, for my tax saving purpose.
    My age is 23. I would like to take it after 10 years or more. I'm mainly looking for Returns and not coverage.

    Please suggest me. Thanks in advance!


  2. #2
    Moderator Expert's Avatar
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    Feb 2009
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    Default

    The basic purpose of life insurance is risk cover and not returns. The savings potential of life insurance is another aspect.

    The returns will match savings bank interest rate.
    * SAFE
    Self Appointed Financial Expert

  3. #3
    PolicyWala Expert Policy_expert's Avatar
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    Pune
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    Go for JEEVAN SHREE - 1 TABLE No. 162.
    'When someone shares something of value with you and you benefit from it, you have a moral obligation to share it with others.'


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