Why not to invest money into LIC?

POSTED BY sankeyt ON January 7, 2015 7:14 pm ONE COMMENT


I wanted to know why one should not invest money into buying LIC policies? As the returns given by LIC are approximately 6% which are lowest of all. One can start ELSS for tax saving and getting more returns on the investments and can buy term insurance for other benifits. So what is the use of buying LIC policies?

One reply on this article “Why not to invest money into LIC?”

  1. Hemanth says:

    u r correct. no use

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.