I am single, 28 yr old working woman with a son 8 yr old to support. I plan to take a ULIP for 25lakh for 25 yrs. (Monthly premium @ 2500/-). Stop payment of any more premiums after 3 yrs and take up a MF with SIP of Rs 2500/- pm. Please advise on my plans-the pros and cons as well as any suggestions.
RE:COMBINATION OF ULIP & MF
by prakash sharma on Mar 30, 2007 04:11 AM Permalink
Bajaj Allianz New Unit Gain Plus offers Insurance Cover UPTO 125 Times of Annual Premium for your Age. Pay only Rs.1500 P.M. & Take Insurance Cover of Rs. 24 Lacs & continue to Pay Premium for more than 5-6 years. Remaining Rs. 1000 P.M. you can Invest in MF SIP.
SBILIFE UNIT Plus II offers Insurance Cover upto 50 Times of Annual Premium.
METLIFE also offers Insurance Cover upto 100 Times for your Age.
