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Thread: Advice best plan for me

  1. #1
    PolicyWala NewBie
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    Question Advice best plan for me

    Dear Sir,

    I am looking to buy product with following are my requirement -
    - Maximum life Cover > 50,00,000 INR.
    - Should get good return on my premium as an investment.
    - It could be 5yr,10, or 15 year term policy

    Please advice me good Life Insurance policy.


    Regards,
    Hari



  2. #2
    Moderator Matrix's Avatar
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    Quote Originally Posted by hari_kaimal View Post
    Should get good return on my premium as an
    Hari - If you read other thread of this forum, you will find out insurance is not for investment. If you invest in insurance, you will not much return. So go for term insurance and invest remaining amount in other investment options.

  3. #3
    PolicyWala Fan
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    Because most of the people are looking for return on insurance that's why agents and insurance companies are selling/launching new ULIP Plans.

  4. #4
    PolicyWala Newbie
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    Quote Originally Posted by hari_kaimal View Post
    Dear Sir,

    I am looking to buy product with following are my requirement -
    - Maximum life Cover > 50,00,000 INR.
    - Should get good return on my premium as an investment.
    - It could be 5yr,10, or 15 year term policy

    Please advice me good Life Insurance policy.

    Regards,
    Hari
    If you are looking for insurance cover and investment return also than go for ULIP plans but ULIP plans are good for long term(10+ years) investment. Try putting your details on online insurance compare sites and go for cheap and best plan.


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