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919825562764
I have jeevan anand of 1 lac and icici prudential life time super of 2.70 Lac and completed 4 year i had paid 72000 amd my fund value is 82000 what is the future?
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Risk Management – Traditional Insurance Policies
- Given that Jeevan Anand is just 1 lac – keep it
- Lifesuper has given you profit of 5k in 4 years – that proves that you must stop contributing more and deploy those resources into diversified equity MFs.
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Punam Gupta, Siliguri, 09832374852
My age is 28 years. I want a term plan of 15 lacs. pls suggest options with premiums |
Risk Management – Term Insurance
- These days there are lot of cheap options
- Religare i-term is one such option. Other options may be investigated by using online portals etc.
- Premium should be around 3-4k for 10 lacs – use this as a guideline.
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919419240811
My age is fifty eight. Suggest medical claim policy. |
Risk Management – Health Insurance
- Individual mediclaim from any PSU non life company will do
- If you want to include your family consider a floater with younger member being the principal policy holder
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Rinku Jain, Sonipat, 919992111981
I have invested in SBI Smart ULIP in jan 2010, in which i m investing 50,000 for three year (25000 half yearly), maturity period is 10 year. till date i have invest only 25000. should i withdraw? |
Risk Management – ULIPs
- This was not a good decision
- You have no option but to continue for the minimum statutory period of 3 or 5 years as per the terms of your policy.
- If you withdraw you will lose the 25k – are you ready to do this?
- Just continue for the minimum period
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Rajiv, Kolkata. 919002021342
How to buy term policy online? |
Risk Management – Life Insurance
- Log onto the website
- Fill in the details and follow the instructions – quite user friendly.
- Don’t forget to investigate for the best deal
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Amit ranchi.919431356491
I want to know which health policy to take. My age is is 35 yrs, my wife’s age is 30 yrs and daughter 3 years. |
Risk Management – Health Insurance
- Choose the floater – premiums will be lower
- Consider 5 lacs
- Choose the company that offers cashless – so far experience has been better with PSUs with respect to claim settlement.
- Also choose a company that has a hospital tie up close to where you live.
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I m 35yrs old & want a BSL S dream plan (term policy) which gives me money after maturity .cover is 50lac fr 30 yrs. pl give information about yearly investment. |
Risk Management – Life Insurance
- Why do you want return of premiums?
- This is a mindset issue.
- The cost for these returns of premium is very high – your return on investment of return on funds blocked in this policy is about 2%-3%.
- Just go for term….
- Premium for 10 lacs for age 30… is at about 60k v/s a term plan will cost you about 3-4k p.a. Even if you kept your money into FDs you will get much more after 30 years.
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23 July 2010
919937271942 Azharuddin Khan, Orissa
I am ICICI Prudential Lifetime Super for 3 years…. Premium – 1500 per month
Term – 15 years
Current Age – 22yrs
Please tell me about this plan…. Should I continue? |
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Risk Management
1. ULIP is not such a good idea
2. Pay for the mandatory period and exit if you have already started else go with diversified equity MFs only.
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