Which policy should I invest in?

I am 27, and planing to invest Rs. 25K – 30 K in policy’s annually . Till now I am having LIC’s ULIP policy (for 10K), which is running into its third year. But planning to stop it after few years. Apart from it, I dont have even a basic medical policy. Neither do I have any basic idea about tons of policy’s available in market !!

So dear friends, guide me in following matters:

My basic requirements are: life cover, medi claim (which includes accident cover also i suppose), post retirement benefits (planning to retire at 55+), and flexibility to surrender policy with minimal damage (will keep policy of atleast 13 years).

Friends my question is, whether to buy different policy’s to suit my requirement ( i suppose some of my requirements can be clubbed together) , or get some policy with all that in it ( i m not sure if there is 1 with all that) ??

Also, by seeing the resent up and downs in market i m not sure is it best to invest in policy which has 100% proportion in market .

Please HELP

Do I continue paying mortgage after short sale has started. How bad will by credit be affected?

Regarding your credit the damage can be greatly limited…

By working with a private investor it is possible to sell your home via a short sale with no negative impact on your credit. Private investors usually are not set up or allowed to report at all.

They may be able to purchase your loan from the bank. If so they can allow you to sell your home by forgiving enough of the loan balance to allow the sale to close at no cost to you.

Private investors typically do not report to the credit agencies. You can get this confirmed ahead of time by asking them. I purchase these loans and do not report. Thus, while the investor owns your loan no more adverse credit reporting will occur.

That means no more late payments reported until the close, and no short sale on your credit after the close. Frankly, this little-known approach could be a God-send for many.

You can see if your home qualifies to be purchased by a private investor here: