Hi all
I ve just started to do financial planning,I’m24 since 1.5yearsI’m working.I’ve been going thru all the stuffs related to insurance and investment.Even,read few articles on this site.
Right now , I m persuaded by one of LIC agents who is relative too .Well , confused a lot iwht endowment plans (jeevan sarla ,anand and tarang).Agents are telling to go for endowment plan rather than Term plans ,as per agents Term plan will not yeild much as there r no returns. There is tremendous pressure from family abt this LIC thing as the agent is relative .Apart frm tht I need some advice on Financial planning as I’ve allocated 1-1.5 lakh for savings and insurance for next 5 yrs.
Thanks in Advance for your help
Thanks
RM