Comments on: LIC Jeevan Nischay policy review

By: jayant bhat

jayant bhat — Mon, 24 May 2010 08:52:52 +0000

I suggest you go for a Mutual Fund or directly invest in stocks. Dont invest in Life Insurance as the returns would definitely be less. Remember basics: Get Life Cover, mediclaim first. Investment in Life Insurance wont give handy returns.

In case you invest directly in Equity Stocks go for top ranking companies like RIL,ICICI Bank, HDFC,LnT,TaTa etc. These are simply recommendations and you need to consult an expert or do ur own research.

Remember to invest for five years in a disciplined manner. When the value goes down then try to invest bit more. Mutual Fund or Stock Market basic:

Buy when others sell, Sell when others want to buy. Inshort, never sell in panic after seeing your account value come down. Add more at such times. Be Patient as patience pays and whenever it pays, the result if fantastic.

By: sunitha

sunitha — Fri, 09 Apr 2010 14:20:03 +0000

hello sir
i wish to save rs 1000 per month for five years. which policy is best.please suggest.which investment is best at the same time return will be high amount
please suggest.

By: vijay

vijay — Sun, 28 Mar 2010 13:36:24 +0000

mohanji
i have visted this site first time . excellent site. yor advice . have a 16lakhs policy for son . intersested in jeevan nischay as a safe investment plus little extra insurance . no hassle of medical etc, thinking of shifting fd to jeevan nischay your comments.

By: Mohan

Mohan — Mon, 22 Mar 2010 13:57:57 +0000

Vishnu, I think you should opt for ELSS/Mutual funds.

By: vishnukumar

vishnukumar — Mon, 22 Mar 2010 11:57:32 +0000

which policy is best to invest and to be withdraw after amount become twice.
suppose i depost one lakh as one premium, after how many short years it will become doulbe?which policy is better?is there less that 8.7 years as post office scheme?

By: Mohan

Mohan — Mon, 01 Mar 2010 09:21:26 +0000

Hi Urvish, I haven’t looked at that plan. I will write an article when I go through that product.

By: Mohan

Mohan — Mon, 01 Mar 2010 09:20:38 +0000

Please check with LIC agents, they will be able to provide the right numbers.

By: Mohan

Mohan — Mon, 01 Mar 2010 09:19:15 +0000

Hi Surya, I haven’t written an article on Jeevan Anand. Like I have mentioned in most of the articles, don’t mix up insurance and investment. They are two different things to serve different purposes. Please read through finance related articles on this blog to plan your investments.

By: Mohan

Mohan — Mon, 01 Mar 2010 09:16:50 +0000

Hi Prasanna, thanks for visiting my blog and even much happier that people are getting benefited from this blog. Well, if there is any insurance again which has ‘kids’, ‘children’ etc., you can reject it out right! More details on this available on various posts on this blog. Since you are looking to invest significant amount, I suggest you take the help of professional financial advisors to plan your finance better.

By: Prasanna

Prasanna — Sun, 28 Feb 2010 17:36:08 +0000

Hi Mohan,
I found this site while googling. I’m happy I learnt that I should explore Term plans for insuring myself. I was searching for a plan that might help me plan for my daughter’s education too. Kindly give any suggestions. I’m willing to invest upto 1 lakh/p.a.

Thank You.