POSTED BY manishkumar ishwarlal lad ON January 27, 2011 1:00 pm COMMENTS (2)
IS IT ADVISABLE TO TAKE LIFE INSURANCE POLICY WHICH GIVE RETURNS ON BASIS OF HIGHEST NAV
DEAR SIR HIGHEST NAV PLAN INVEST MAINLY IN DEBTS WHICH GIVES LESSER RETURN. IT IS BETTER TO TAKE A ADEQUTE INSURANCE TERM PLAN AND DO INVESTMENT IN EQUITY THROUGH SIP IN DIVEREIFIED FUNDS WITH LONG TIME HORIZON.
TAKE CARE.
I will give you a very nice “extreme” example.
Put money in a savings account (which earns @3.5% atm). It is also a highest NAV plan!! 😉
Btw, there are multiple posts and blog posts regarding the same issue.
Ramesh
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DEAR SIR
HIGHEST NAV PLAN INVEST MAINLY IN DEBTS WHICH GIVES LESSER RETURN.
IT IS BETTER TO TAKE A ADEQUTE INSURANCE TERM PLAN AND DO INVESTMENT IN EQUITY THROUGH SIP IN DIVEREIFIED FUNDS WITH LONG TIME HORIZON.
TAKE CARE.
I will give you a very nice “extreme” example.
Put money in a savings account (which earns @3.5% atm). It is also a highest NAV plan!! 😉
Btw, there are multiple posts and blog posts regarding the same issue.
Ramesh