Hello all, I am 26 years old salaried employee earning Rs.20,000.00 per month. Recently I took 2 LIC policies. I wanted to save Income Tax and secure my future. My policies are 1.       LIC Jeevan Saral (With Profits), premium Rs. 24,500.00 per year for 35 years while the sum assured is Rs. 10,00,000.00 (approx.) […]

Hi everybody, I bought LIC Jeevan Saral policy on 7-Jan-2011 and my DOB is 23-Nov-1987 (25 Years). The term is of 35 years and SA is 7.5Lacs. I pay a annually premium of Rs.36030. After reading many articles about term vs. endowment policy, I am also planning to surrender this policy and buy a term […]

Hello Sir, I am having 2 Jeevan saral policy on me (18000 pa) and my spouse’s name (9000 pa) which started on 21/12/2009. So I paid 1st year premium on 21/12/2009, 2nd on 21/12/2010 and 3rd one on 21/12/2011. After 3 year I got to know that this is not good for investment. How much […]

Hi, I have taken the Jeevan saral policy and paid 3 premiums till now, premium for this year is to be paid after 2 months [4th premium]. Premium Amount = 60,000 /- per annum Total premium paid – => 60,000  X 3  = 1.8 Lacs I have taken this policy when I started my carrear […]

  I got a call from LIC’s Jeevan Prakash office in Delhi regarding LIC’s jeevan saral atm plan with which they were offering jeevan aarogya free for the whole term. I asked for a personal visit as I was interested. Here is the policydetails: 1) Invest for 15 Years 2) Annual EMI- Rs 48,000 3) […]

Hi Manish/Team, I request your help on the below mentioned query: I have purchased a Jeevan Saral (With profits) policy from LIC through my agent. My Annual premium (I pay it every half year a Rs. 30325) is Rs. 60650 and term is 21 years. Before I purchased this policy, my agent had shared a […]

Dear Friends,I have taken Jeevan Saral for 10Yr. term at the age of 53, My premium amount  Yrly @ Rs.30,025/- and I have paid premium for last 3 years.My Policy states the Maturity Value is only Rs.1,62,700/- +LA amount if any . This mean my Investment will be for full 10 years Rs.3,00,250/- where as […]

I had Paid 3 years premium for  Jeeva saral policy with premium of  Rs. 6065 half yearly.  (5940+125) aggragating to Rs. 36390. It was for 18 years term with Rs. 250000 insurance and Accidental Rs. 250000. What value i get  if I surrender this Policy Now( after 43 years premium payment)? What if I stop […]

I had Paid 3 years premium for  Jeeva saral policy with premium of  Rs. 6065 half yearly.  (5940+125) It was for 18 years term wit Rs. 2500000 insurance and Accidental Rs. 2500000. What value i get  if I surrender this Policy Now? What if I stop Paying now and surrender after 5 years?

I have taken a jeevan saral policy last month with a premium of 1500 per month .Is it good to invest in this scheme or should I go for a PPF account as I heard the return form PPF are guaranteed and higher than this policy ? Please provide your valuable suggestion…. And how can […]