best LIC policy for a 28 year person?



I am a 28 year bachelor guy. I have joined a Govt PSU job in CIL. I like have an investment as well as insurance plan through LIC for a term of 16-21 years. Please suggest.

best LIC policy for a 28 year person?
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3 Replies to “best LIC policy for a 28 year person?”

  1. INSURANCE IS NOT INVESTMENT.

    Go for a PURE TERM PLAN like ANMOL JEEVAN.

    Visit LIC website and calculate premium yourself.

    For INVESTMENT there are better avenues like PPF / SIP in MUTUAL FUNDS / DIRECT EQUITY.

    The returns from any insurance policy will hardly beat REAL INFLATION.


  2. Hi !

    There are so many life insurance plans provided by LIC of India. All these plans can be categorize into two categories:
    1. Which give return along with providing risk coverage (endowment and money back plans)
    2. Which do not give any return but provide a high amount of risk coverage (term insurance plans)

    If you just need a very high risk coverage in low yearly premium, go for turn insurance plan. But you will not get anything at maturity of your policy.

    If you need return along with risk coverage go for endowment or money back plans but these plans costs higher premium than term insurance plans.

    If you want you can take the combination of the above mentioned types of plan. We are LIC agent with more than 20 years of experience and can guide you in selecting you the best combination of plans. You may contact us through our website below:
    http://bimaessential.com/






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