Term Insurance – A Friend In Need Term Insurance – the most basic form of insurance where policy holder pays premium to protect his / her Economic value against unfortunate events like death.Endowments and money back policies are mere attractive and polished forms of term insurance and comes costly for the additional polished features. Term Insurance…
Things To Consider Before Surrendering The Insurance Policy:
Yogesh is my newly added friend and recently he shared things about his surrendered insurance policy.Few months back he hired one financial planner and based on his advice he surrendered his 8 yr old ,LICs Jeevan Rekha and start investing in equity market. Though I am not financial planeer,little bit surprised by his decision as…
LIC Samridhi Plus After Completion Of One Year:
LIC’s Samridhi Plus was a unit linked plan of LIC which offers payment of fund value at the end of policy term ,based on highest NAV (over first 100 months or at maturity which one is higher). This plan was opened on 25th Feb 2011 and actually fund operation was started on 31st May 2011.Recently…