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NewBie
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.
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Moderator
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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