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Endowment policy
by Krishna Gadge on Oct 22, 2011 05:54 PM  Permalink 

After going through the same i am of the opinion that, endowment policy is still better to get in since it endeavors to have a sum assured back after it reaches to maturity date. Further if a policy holder dies before it gets mature, your nominees have a window open to claim the assured sum, bonus and interest. Therefore i would like to start the journey with endowment policy. Please suggest?

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Regarding the issue
by Ajit Salunke on Jun 16, 2011 10:45 AM  Permalink 

the term plan dosent have whole life cover. It is for limited period of time. so think about that angle.

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regarding demat
by sanjeev kumar on Jul 25, 2007 12:39 PM  Permalink 

I want to open demat account. Can u help how to open?


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the article on endowment plan
by arun gautam on Jul 25, 2007 09:38 AM  Permalink 

Dear Sinha,

we have the option of cash bous also.you can take out bous as cash but after only three years.

We also have option of compound revesionary bonus also.

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Endowment plan as an asset class
by on Jul 24, 2007 07:22 PM  Permalink  | Hide replies

At 6.39% low risk return, it can be considered as an asset class which also provides insurance.

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RE:Endowment plan as an asset class
by Sunil Birju on Jul 24, 2007 11:09 PM  Permalink
This 6.39% tax free return is more than 9.5% return from bank. And this is also giving insurance. I think the safest and best investment.

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whole life policy?
by jyothi lobo on Jul 24, 2007 04:49 PM  Permalink 

how about taking whole life poicy?

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lic
by pravin on Jul 24, 2007 03:51 PM  Permalink 

good article for new investors.

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Beware of LIC Policies
by Rahul Golash on Jul 24, 2007 03:44 PM  Permalink  | Hide replies

They are just a complete non-sense:
Here's the real insight into the charges they take and rip you off your money:

http://invest-n-trade.blogspot.com/2007/07/insurance-vs-investment-vs-tax-savings.html
http://invest-n-trade .blogspot.com/

Do read it!

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RE:Beware of LIC Policies
by shankar shankar on Jul 24, 2007 04:05 PM  Permalink
yes i have read articles on the above link mentioned...they are very good. but the bottom line to all these arguments is that as long as u know wat u r doing and wat u will fetch its ok to indulge urself.....but investing with ignorance could prove lethal....

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RE:Beware of LIC Policies
by Sunil Birju on Jul 24, 2007 11:12 PM  Permalink
Anyways for making any investment you have to apply your own mind and not that of LIC agent. Because it is only YOU who knows your requirements. Better dont blame anyone else.

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RE:Beware of LIC Policies
by Sunil Variath on Jul 25, 2007 12:39 PM  Permalink
I don't feel that any of the investment options available to us fall into the "complete non-sense" category. It is very easy to find faults, but can you also give some positive aspects of Endowement plans.

Investing in equities is not everyone's cup of tea. Also you write eloquently about diversification, why not invest a portion of money in endowement plans? You can purchase the plan from a relative of yours who sells it for living. It will provide him income in the form of commission. Isn't that a good thing?

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