If the person is not insured, LIC’s Jeevan Anand is the Best or LIC’s any ULIP Plan ?

by admin on December 11, 2011

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{ 9 Answers… read them below or add one }

skdonweb December 11, 2011 at 8:40 pm

I am not really connvinced about LIC’s ULIP plans (I doubt that they are as well managed as a ULIP offered by a private company).

Jeevan Anand seems to be a good plan and it offers some nice features.

One advice – why don’t you buy a high value Term Assurance policy (that will cost less) and invest some amount in Mutual Funds through SIP.

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jack December 11, 2011 at 8:40 pm

According to me I think if you don`t want to take many risks and want only that your life should be assured then you must go for LIC`s Jeevan Anand.

And if you want to take some risks and also your life should be assured then you can go for LIC`s Profit Plus and Fortune Plus. Both policies are new and introduced 23rd August,2007. They are introduced on the place of LIC`s Money Plus which was closed on the 14th August,2007.
So, best of luck for your life.

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Bharat December 11, 2011 at 8:40 pm

If the person is not insured, he should first think of term insurance. It is a basic insurance without any return & it is very cheap.

ULIP is not that attractive due to charges associated with it.

SBI ‘s term insurance & LIC’s Anmol Jeevan-I are the best & cheap term policies.

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rose r December 11, 2011 at 8:40 pm
saurabh_366 December 11, 2011 at 8:40 pm

why do you wanna go for LIC ,why not a private company….they are proactive in there operations ,in settling there claims ,some of them even pays for your medicals as well….i can understand that like many others even you might be feeling that LIC being a govt company is the….according to me MAX newyork life is the best company around as far as integrity is concerned and if you r not insured you should take there “Whole life policy” like i have and after that you can go for a ULIP if u want …at the same time u can contact any of there advisors who are very well equipped with all the answers atleast my agent was…if u want even u can contact him his no. is (9910060810)

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GOPA KUMAR December 11, 2011 at 8:40 pm

HAI, THE N.A.V VALUE OF L.I.C IS MUCH LOWER COMPARIED TO ICICI PRUDENTIAL LIFE INSURANCE COMPANY, THE SMART KID OF ICICI PRUDENTIAL IS BEST IN THE COMPANY AND SECONDALY IS THE HDFC, THEY PAY THE PREMIS AFTER THE DEATH OF THE PARENT, WHERE AS L.I.C JEVEEN ANAND DO NOT, THERE N.A.V IS GOING VERY SLOW, THEY DEPOSIT THE AMOUNT ONLY 80 % IN SHARE AND 20 %, IN GOVERNMENT EQUTITES, WHY SO,THE GROWTH OF L.I.C IS LESS THAN 55% WHERE AS PRIVATE INSURANCE COMPANY GIVES MORE THAN 68 % GROWTH, COME TO ICICI

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Prashant B December 11, 2011 at 8:40 pm

see i must say it’s wrong
in LIC we suggest you to call a Finical Planer

All policies are not same every policy has it’s different them….

see Anand is whole life policy which will give you risk cover for whole life…
means see Mr. X Age having 22years
has policy of 10,00,000
he will get insurance cover for 10lac for whole life
with Dabal accident benifit means 20,00,000/-

this will primum
51,000/- ooooo it’s too much
but he will get
40lac on 20years

But see if we do lic’s Profit Plus new Ulip policy
of 50000
in maturity he will get more than 90lac

as we know 10000 will get 18lac

but it will insure only 5lac normal accidental 10lac

he he see this
you can get more

see this

50000 primum

insurance of 36lac

for 20years

how it’s

good na then call me for more details

Prashant Bhate
9890306648
9372112467
02332325364

Prashantbhate@101@yahoo.co.in
[email protected]

Prashant Bhate
LIC agent No 03658942

Sangli 1 Branch

Reply

toknowmore December 11, 2011 at 8:40 pm

Dear Mr.Anil

If you ask me suggest between ULIP and Jeevan Anand for a person who was not insured, my vote is for Jeevan Anand only.

You will insurance coverage for the whole life with an accident benefit upto the age 70 for a maximum of Rs.5,00,000/-

You will get back the sum assured plus the bonuses accrued on maturity for your oldage and still your life will be covered to the life long to support your nominee and he/she will get the sum assured after you. Sounds great no ?

Good Luck
[email protected]
http://www.geocities.com/pnkmurthy/lic.html

Reply

raj verma December 11, 2011 at 8:40 pm

LIC’s jeevan anand is the best plan under traditional insurance policy till date and for ulip they deduct heavy charges from ur invested amount so enquire thoroughly about the charges they are going to deduct from ur hard earned money.

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