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13-Aug-2019
hello all, need an advice, I purchased LIC policy with premium rs 44000 yearly. i have paid 2 premiums, and doesn't want to continue anymore, as i am already investing good amount in mutual funds. should i stop and invest same in mutual fund though i will be losing last 2 yrs premium, or should i opt for paid up policy by paying one more premium. plz advise. #MutualFund #LIC Read More...
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13-Aug-2019
@uzairhossain  pay one more premium and convert your policy into paid-up policy then stop it, instead of this you can purchase a term plan(If you didn't purchase till now) and rest of invest in Mutual funds Read More...
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08-Sep-2018
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The picture talks about investing only 46 k per annum for 22 years and on completing 25 years, you get 25 lacs. And insurance cover of mere 20 Lacs in this period. Return on investment is hardly 5.9% and you are getting only 20 Lacs insurance cover for that amount. It's simply not good, instead you can put your amount in FD you get better returns ;). And buy small term insurance plan to that 20 Lacs cover. #Insurance #Wealth Read More...
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12-Sep-2018
LIC launched new plan,Jeevan Shanti Read More...
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Do you think it is a good plan? Read More...
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15-Nov-2018
#LIC Check your LIC policy with the steps mentioned here- http://www.startwithlic.com Read More...
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08-Sep-2018
health and term insurance health 10L. tataaig health. 3L. royal sundaram term. 1 cr. max life my age 39 yrs apart from this..... lic 2L jeewan anan .....10 yrs old policy lic 70k endowment.......12 yrs old pm yojana....both 2L each what next in health and life insurance any changes... improvement suggest pl Read More...
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08-Sep-2018
Surrender both LIC policies. Rest all seems fine. Invest the amount you get after surrender in mutual funds. There might be some loss in the policies, but bear that, as more returns can be generated in mutual funds and your insurance needs are completed by the term insurance. Read More...
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09-Oct-2018
hi i m 31yrs young. This is my mutual fund investments 1.tata digital fund-500per month 2.hdfc index sensex plan fund 500per month 3.sbi small cap-500per month 4.relianace japan equity fund-500per month 5.aditya birla international equity plan-A fund-1000 per month 6.franklin templeton us equity fund-500per month 7.icici focused equity fund-500 per month 8.icici long term equity fund-500 per month 9.bajaj allianz goal assure -4000. per month all funds are 1month old licpolicy -50k per yr (6yr old). is my portfolio normal...if not plz guide me. I want to buy house , car in near future. ..are these sufficient Read More...
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10-Oct-2018
Bluntly, NO. Car may be. House nope. We believe 9 is too much. The spread you have decided was quite good. Remove one of the fund either international or US fund. Japan is fine. small cap and long term funds are fine. Index or Large cap chose one. CANT comment on Bajaj Allianz one. Keep fund numbers around 6! Read More...
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14-Oct-2018
I have taken LIC Jeevan Anand 815 endowment plan last year with 45k yrly premium with 8L basic sum assured. but I am not interested any more since return is very low, should i stop and opt for other private insurer or it is advisable to continue for another 2 yrs to make it 3 yrs.. I already have sip's in mutual funds.. experts pls.advise. #Insurance Read More...
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14-Oct-2018
private insurance companies will not give better returns then Lic. continue for 2 years & surrender it. get the term insurance from LIC & diversify your investments into different categories like some portion in low risk low returns, medium risk category for medium returns & high risk category for high returns. don't invest in same category with all your hard earned money in single category. Read More...
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31-Oct-2018
i have aquestion. i have invested on a LIC policy for 3yrs at 2000/month. after that i stopped paying the premium.i stopped the the policy on 2015.now due to urgent cash crunch i want to surrender the policy..can anyone tell me how much (approx )I can get after surrendering it this month? just mention the amount without the detail calculations Read More...
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31-Oct-2018
you will get only 30% of total premium paid barring first year..So 36×2000-24000=48000×30/100=14400 Read More...
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Seeking Wisdøm
23-Sep-2018
can I buy two term insurance from two different company say LIC and sbilife 50lakhs each?#Insurance . Will claim be received from both be 1cr or any t&c? Read More...
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Yes, you can. However, buy from one first and once it is issued, then buy from another and mention that you already have 50 insurance. Buy both online. Avoid LIC, it is very expensive. Read More...
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>>Vaayuputra<<
28-Sep-2018
The NBFC crisis looks more and more like 2007 sub prime mortgage crisis : 1. Lehmann style : ILFS default - check 2. Credit rating agencies over inflated and fraudulent rating - check 3. LIC and pension bonds are top holders in NC debentures - check Tell me how this is different than subprime mortgage crisis except the scale. Read More...
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29-Sep-2018
true.. perhaps one can hope of a similar financial worldwide crisis and hence a huge fall in equity markets.. this was even predicted by Warren Buffet a few months before Read More...
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