POSTED BY July 29, 2013 7:48 pm COMMENTS (4)
ONHi Mr.Manish,
I am 33 Years old and approched by a SBI agent on the SBI Life – Shubh Nivesh. I am working in private sector. I am planning take life time coverage with 2 lakhs per anum for 10 years. The question is it is suitable and benifitable for my age?
Thank you,
regards,
VenuGopal.
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VenuGopal, Do you think 2 lacks cover is enough. If you want life cover than opt for pure term insurance.
Hi Mr.Mohit,
Thank you for your reply. Actually my plans to is invest on any policy now and get some regular income once I reach 45 years old. That is why I am looking at this SBI Shubh Nivesh policy. Could you please recommend me any other policy which suits for my need.
Thank you.
regards,
VenuGopal.
Venu, If you have 15 years than opt for PPF+Term Insurance. In PPF you can invest 1lacs annually. If you are married than open one PPF account for your wife also.
Its a Endowment Policy similar to LIC’s Jeevan Anand.
Read this : http://localhost/jagoforum2/should-i-invest-in-sbi-life-shubh-nivesh/2154/