Investment insur@nce

[Peruthopaniemundhi]

Please suggest best investment insurance in India. Checked policy bazar but rate of return is very exaggerated… looking for this.. 

1. 1 cr life coverage 

2. investment protection.

3. Want to invest RS 10000/month for 10-12 years and want lump sum payout after 25 years.

[Hitman]

LIC 

[Peruthopaniemundhi]

7 hours ago, Hitman said:

LIC 

Ey plan bro

[DJBravo]

8 hours ago, Peruthopaniemundhi said:

Please suggest best investment insurance in India. Checked policy bazar but rate of return is very exaggerated… looking for this.. 

1. 1 cr life coverage 

2. investment protection.

3. Want to invest RS 10000/month for 10-12 years and want lump sum payout after 25 years.

Bro naku koncham idea ivu about this, my parents are insisting me to take this. But I have no idea. 
 

Only for two kids teskomani saying

2.2L per annum for 12 years. 46 lake returns at 18th year. Best savings and best place to aptly your money ani anadu vadu. Is this a good idea? 

[Peruthopaniemundhi]

3 minutes ago, DJBravo said:

Bro naku koncham idea ivu about this, my parents are insisting me to take this. But I have no idea. 
 

Only for two kids teskomani saying

2.2L per annum for 12 years. 46 lake returns at 18th year. Best savings and best place to aptly your money ani anadu vadu. Is this a good idea? 

Policy bazar lo chala unnayi bro but as NRI’s em thesukovalo Ardham kavadam ledu.. most importantly if we become US citizens do we get this money back.. I think LIC allow cheyadu anukunta..

[JackSeal]

8 hours ago, Peruthopaniemundhi said:

Please suggest best investment insurance in India. Checked policy bazar but rate of return is very exaggerated… looking for this.. 

1. 1 cr life coverage 

2. investment protection.

3. Want to invest RS 10000/month for 10-12 years and want lump sum payout after 25 years.

Take a term insurance and invest rest of money in NIFTY50 or other india indexes if you want to invest in india.

life insurance linked investment plans lo expenses very high.

**Even for non citizens investment in india ULIP or indexes make tax filing complicated.

[JackSeal]

35 minutes ago, DJBravo said:

Bro naku koncham idea ivu about this, my parents are insisting me to take this. But I have no idea. 
 

Only for two kids teskomani saying

2.2L per annum for 12 years. 46 lake returns at 18th year. Best savings and best place to aptly your money ani anadu vadu. Is this a good idea? 

If you invest 14000 per month for 12 years in nifty50 with cagr of 13% you get 50lakhs in 12years only not 18.

insurance linked investments are not a great choice

[Ryzen_renoir]

9 hours ago, Peruthopaniemundhi said:

Please suggest best investment insurance in India. Checked policy bazar but rate of return is very exaggerated… looking for this.. 

1. 1 cr life coverage 

2. investment protection.

3. Want to invest RS 10000/month for 10-12 years and want lump sum payout after 25 years.

I can't recommend exactly what policy to recommend but

Do not look insurance as an investment policy , the rate of returns will be much less than any index fund or Mutual funds 

In India do not choose private insurers because LIC has a good track record and government backup 

[pavone]

Insurance is not an investment but it solves other issues in a financial portfolio. Also, I dont know what your goals and other assets are.

US lo aithe I posted some videos on my website. https://www.edgefinancials.com/IUL-Education/

Cash growth in cash value life insurance plans defintely wont beat index funds but returns are not the only thing to always look at. Fees are comparable to mutual funds in long term. Tax increase risk, market risk, longevity risk and liquidity are some of the reasons to diversify into different financial vehicles.