POSTED BY September 1, 2011 11:25 pm COMMENTS (3)ON
Here’s my case:
My dad’s gonna get a lumpsum next month after the maturity of a Policy. Now he wants to invest that money. One suggestion he got is Jeevan Akshay VI. He has been told that the return rate at his age is 7.39% after one year. How if he keeps on investing for 7 years w/o taking money out, apart from 7.39% he’ll be getting around 2-3% extra at the end of 7 years.
Is this plan good for him or are there any riders that the agent has not mentioned.