My age-32,Male,married.Annual income-5 lacs,Home Loan EMI-16,000/month,Income tax-25,000/year
From year 2006-
LIC Jeevan Anand Policy of premium-Rs.5,000/year–sum Assured-1Lac afer 25 years
LIC Jeevan Saathi Policy of Premium-Rs.27,321/year-Sum assured—5lac
LIC Jeevan Surabhi Policy of Premium-Rs.15,000/year
I want to know-Should I continue with the above LIC Policies.By going through this forum,I felt bad that all I have done in LIC is of no use & I have to go for SIP & a good Term Insurance plan to start with.Please comment.I am better late than never for financial planning.Thanks to Jago Investor & Team.