Hello all experts
Here i am attaching one product and need help from you guys on that. Its Urgent as my fren already signed this product and he has few days only to return it back. I wana help him and protect him to buy the product difficult to understand. Please help…..
https://spreadsheets.google.com/ccc?key=0AvC-G_eD-LvodGZ2ODd0RXdKYmVDc3psa09meEhPNnc&hl=en
My intention was to get 50 lac SA with giving 5 premium only
TATA aig offerd me a unique plan with one time investment of 5 lac. they will deduct from it yearly 33000 as base premium and on remaining amount they will give 7 % interest just like FD till 5 lac invested ( said 15 years)
I am getting 56 lac SA
Additionally from very next year i will be getting 21780 for 2 years and thereafter 43560 for whole life. i can take loan upto 30 lac from this insurer too.
I am confused as how i can compare this with term+MF senario and which will be beneficial.
please provide your 2 cents on this.
Thanks & Regards