Dear Seniors,
Recently I came to know about this wonderful forum and realise that I did some mistakes in doing my financial planning.
Below is my investment profile; please guide me how to make it better:
1. LIC Jeevan Anand (Start at 2006): Premium 65K p.a (Total 9 polices)
2. LIC Komal Jeevan (Start at 2011): Premium 75K p.a
3. LIC Jeevan Tarang (Start at 2011): Premium 50K p.a
4. ICICI GISP (Start at 2011): Premium 50K p.a
My Details:
Age: 32 (Married, 1 kid 2 years)
Income: 10 lac p.a
House loan: 20,000 p.m (about to start)
My Queries:
1. How to improve my financial porfolio? What changes required in it?
2. From some recent post, I understand that its better to take one Term Insurance. So want to take one for 1 Cr.
– Which is the best term insurance which suits my profile?
– Is it safe to buy ONLINE? (What are the things needs to take care).
3. Which is the best PPF policy for investment purpose?
Sorry for too many questions.
I shall be very grateful for your early & Prompt response.