Can Some one tell me if LIC new Jeevan Anand good or not ?

POSTED BY radhevajrakaya ON March 19, 2014 5:57 pm COMMENTS (4)

My sister had bought  LIC’s NEW JEEVAN ANAND @ Rs2296 per month last September .

Can anybody Guide me on this whether it is a good policy or not and What are the Pros and Cons of it.

Thank You

4 replies on this article “Can Some one tell me if LIC new Jeevan Anand good or not ?”

  1. Raja says:
    March 20, 2014 at 10:38 am

    The ebook on term plan is not available now. Can you please share an updated link.

    Reply
  2. ashalanshu says:
    March 19, 2014 at 9:52 pm

    Dear Radhey, you are an old member of this forum and still you are asking this question? 🙂

    Dear Seeni has answered aptly hence not adding my points. 🙂

    Thanks

    Ashal

    Reply
    1. radhevajrakaya says:
      March 20, 2014 at 11:20 pm

      Actually I miss understood one thing latter after posting my Question I felt something I had missed and It was Rs2296 pm and I thought it as Rs 2296 per year .

      Reply
  3. seeni_pv says:
    March 19, 2014 at 7:50 pm

    Hello,

    Please advise your sister (or anybody for that matter) not to go for this endowment policy. Please read the below article

    https://www.jagoinvestor.com/2008/10/why-endowment-policy-are-never-best_08.html

    If the goal is life insurance, please go for term policies (Online). You can get all info you want on term policies in the below link.

    https://www.jagoinvestor.com/2012/01/term-insurance-plan-ebook-free-download.html

    You can also go through old articles under Life Insurance topic.

    When your query got clarified, thank JI and stop others from getting into this trap.

    With Best Regards,
    Poovannan

    Reply

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