Hi,

I came across this website 2 days back and I would first like to congratulate and thank you all for all your inputs.

I am currently 26yrs Male and I am working with a MNC. After reading the blog, I came to know about one thing that Term Insurance is a must and Insurance and Investment are different from each other. I did a research for Term plan and it seems that most of the plans are for a maximum of 30-35 years. Well, being a conservative indiviual, (as I netiher consume alcohol nor tobacco) I feel I would live for atleast 60 years. In that case is this the right age/time to start a term plan?

I also came across Aegon Religare which has the Term plan for 50 years / attaining 75 years of age however, I was not very happy with theit claim settlement ratio. So is this advisable?

I am currently holding a Jeevan Saral Policy with SA 12,50,000 paying annually Rs. 60k and locking 1 Lac in ppf account.

I intend to invest in the SIP too after taking a look at the top funds later.

Your help on my queries is appreciated.

Many thanks

Sunny Gandhi.