All, Currently, I have Jeevan saral policy paid for 3 Half year premiums (30325INR). I decided to stop this policy [Even though I don’t get single rupee] and take the Term Insurance. Now my questions are 1. Jeevan saral policy: For FY 2010-2011 I used the premium paid 60650 for my IT tax exemption . […]

Hi to all, Yesterday one agent met me from LIC to sell Jeevan Saral & Anand combo pack, but I didn’t buy. He was saying that LIC is Govt insurance Organization and if I buy any insurance product from private players, I will lose money. I don’t believe him because he showed me one table […]

I have 2 LIC money back policies (New Bima Gold of SA:15L for 30 years paying monthly premium of 4556 from July 2009 & Jeevan Saral of SA:12.5L for 25 years paying monthly premium of 5260 from Sep 2009), for which i have stopped the monthly premiums, which was dedcuted from my salary at the […]

I am 30 years old and have 2 LIC money back policies in my name (New Bima Gold of SA:15L for 30 years paying monthly premium of 4556 from July 2009 & Jeevan Saral of SA:12.5L for 25 years paying monthly premium of 5260 from Sep 2009) and 1 in name of my 2 years […]

Hello, I have just purchased a ULIP policy Icici Pru life stage wealth plus as i am looking for investment horizon of atleast 10 to 15 yrs i am investing 2k per month, I also have a Jeevan saral which agin i pay 2k this, i Have taken this as my financial advisor said me, […]

Hi I am currently holding 3 policies: 1. LIC Jeevan Saral (12k Yearly), 2. LIC Wealth Plus (20k Yearly) 3. HDFC SL ProGROWTH 2 (50k yearly) 4. Health Insurance (3500 Yearly) and a PPF account. After paying the premium for these policies I have around 50 – 70 K to invest. Please suggest where shall […]

Hi, My name is Bharani. Following is my investment details, please review and let me your comments / recommendations. SIP for Rs.2000 monthly on 1. uti retirement benefit pension fund 2. HDFC top 200 fund 3. (Planning to start on either Sundaram SMILE or HDFC Mid cap) Regarding insurance, I have jeevan anand, new bima […]

Dear Manish  First I want to say this blog  which you hav started is really impressive and I appreciate your work. I have few doubts which I want to share wd u, and I hope to get a response from u…. I have taken LIC jeevan saral policy wd sum assured of 5 Lac whose […]

hi manish, recently i read ur old article – ‘why one should not buy endowment policies?’ then i realised i did a mistake buying endowment policies under retirement plan. i have started the policies for me and my wife, 11.5 lacs and 5 lacs respectively in 2008, i have already paid 4 premiums. on 15-03-2012 […]

As if now i am 28 Year old Currently i m investing in below mentioned Mutual Fund, My monthly investment Via Sip in MF is 16000 , which i started in the year Aug 2010. Yes, I would continue investment till the age of 50-52 Years. Moreover i just want to share one more thing […]