Good Article by rediff. Only thing is needs some tips on Life Insurance. Now days all AVIVA/MAX...etc overseas companies puting new plans in Market ( Short Term as well as long term)& so many term plans, but the security factor always put my mind in trouble. Are these overseas Companies realy reliable?
RE:RE:Good One
by prakash on Feb 20, 2008 01:48 AM Permalink
There are excellent term insurance plans available from indian companies like LIC and SBI insurance with very low premiums than Aviva and max. Why do you prefer them? My advice if you target is pure insurance go for LIC or SBI with term insurance plans. If it is insurance investment than go for ULIP s for private players like ICICI and AVIVA.
RE:Good One
by GAMMA on Feb 20, 2008 07:25 PM Permalink
INSTEAD OF ULIP, TAKE PURE INSURANCE FROM LIC AND INVEST THE BALANCE ( ULIP PREMIUM MINUS PURE INSURANCE PREMIUM ) IN MUTUAL FUNDS. MUTUAL FUNDS ALWAYS GIVES FAR BETTER RETURNS THAN ANY ULIP.
RE:Good One
by P Ramesh Thantri on Feb 23, 2008 07:22 PM Permalink
MUTUAL FUND INVESTMENTS ARE SUBJECTED TO MARKET RISKS. DONT FORGET ABOUT RECENT MARKET CRASH. RECENTLY LAUNCHED FUNDS WHOSE NAV WERE RS 10/- HAS NOW BECOME RS 7/-
