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Can some body suggest an Life insurance policy for a male in age group of 63+?

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What should be an horizon of the policy period?
asked Oct 16, 2010 in Insurance by smgupta1947 (13,570 points)   7 25 42
    

 
 

 

1 Answer

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At this age, mortality charges will be very high. If your purpose is investments, I suggest to avoid insurance at this age, and invest in PPF, Gold ETF or some balanced mutual funds.

Still, if you want insurance, go for term insurance. You'll get the complete article on term insurance this week.

Hope it will help you.
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answered Oct 17, 2010 by admin (47,040 points)   5 7 12

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