Life insurance policy?



Looking for best insurance product (LIC) which returns guaranteed & handsome amount on maturity along with accidental insurance coverage scheme.

Age : 31 yrs., married

Premium Amount : 50 – 90 K per year

Premium term : 25 to 30 yrs.

One insurance agent suggesting Table No. 14 while other is suggesting for Table no. 165.

Life insurance policy?
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5 Replies to “Life insurance policy?”


  1. Do some home work. I suggest you to opt pure term plan (like anmol jeevan or amulya jeevan) of 25 lacs & put balance (of premium) in PPF ac. Combination of this will give more return then any policy you are looking for.


  2. Thanks for asking sir, you are saying about guaranteed so in insurance policy guarantee is only for sum assured rest is accumulated bonus ( in table no.14 ) and loyalty addition ( in table no.165 ) are variable part of maturity amount. By the way both above policy are good but have some different features its better to discuss face to face with your trusted and experienced advisor. I suggest you a example for you of table no. 14
    Annual premium – 98122 Rs.
    Policy term – 30
    Maturity amount – 1,06,20,000
    Hope your adviser are agree with this.


  3. No INSURANCE POLICY will make you RICHER than what you are TODAY.

    INSURANCE is not INVESTMENT . It is an EXPENSE. It is ONLY a LOSS REDUCING AVENUE especially for your DEPENDENT.

    Ideally you should go for a PURE TERM PLAN . It is the cheapest and best policy.

    Insurance agents try their best to sell ENDOWMENT / MONEYBACK / ULIP POLICIES.

    These are costly policies. The agent’s commission depends upon YOUR FIRST PREMIUM.

    Understand the importance of TERM PLANS before you buy any type of life insurance.

    The premium you save by taking a term plan can be invested in BETTER INVESTMENT AVENUES.

    Like PPF / SIP IN MUTUAL FUNDS / DIRECT EQUITY.

    Visit AVIVA / KOTAK insurance websites and calculate premium yourself.

    Term plans have no MATURITY VALUES. You pay only for the risk.

    These are 10 to 12 times cheaper than traditional plans.

    Traditional plans give you a return of 4 to 5.5 % return. This hardly beats REAL INFLATION.






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