I am Nagesh from Hyderabad, I am looking for a policy for entire family with mix of savings and protection and pension. Now in the market huge policy’s are available but I am confusing how to choose best in the industry.
I want a Best policy to meet my financial requirements.
Now my age is 34 Years. I am ready to Pay per year almost 150,000/- and Payment Period 10 or 15 years. After payment of above periods , funds required as below,
After 5th Policy period i want a funds every year 60,000/- up to 10 th policy year.
After 10th Policy year i want a funds every year 2,00,000/- up to 20th policy year
After 20th plocy year i want a fund like pension as 4,00,000 up to my whole life.
Now i have a term policy of 50 lakhs from Bharathi Ax a life insurance.
Above requirements to meet how much amount (Premium or investmet per year) i can invested in combination insurance policies or mutual funds or gold.
I am a middle class person,pls suggest me .