whic is the Best L I C policy with low premium and high returns?

I have limited income. With so much expenses it is difficult for me to save. I want best LIC policy or some other fund which is safe to invest my savings

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  • Bharat
    Lv 5
    1 decade ago
    Favorite Answer

    If your purpose is Insurance, go for SBI term insurance. I have checked & found it cheaper then all others(including LIC).

    If your purpose is investment, dont go towards LIC or any other type of insurance. The have high initial charges that affect return.

    If you can take risk (risk involved is same as in ULIP) with your low income, invest in Mutual Fund through SIP monthly. Some of the good funds are

    1. Reliance Growth

    2. JM Basic

    3. Kotak Opportunity

    4. DSP ML TIGER

  • Buffy
    Lv 6
    4 years ago

    I suggest one to try this internet site where onel can compare rates from different companies: http://protectionquotes.net/index.html?src=3YAmmzz...

    RE :Whic is the Best L I C policy with low premium and high returns?

    I have limited income. With so much expenses it is difficult for me to save. I want best LIC policy or some other fund which is safe to invest my savings

    1 following 1 answer

    Whic is the Best L I C policy with low premium and high returns?

    I have limited income. With so much expenses it is difficult for me to save. I want best LIC policy or some other fund which is safe to invest my savings

    1 following 1 answer

    Source(s): I suggest one to try this internet site where onel can compare rates from different companies: http://protectionquotes.net/index.html?src=3YAmmzz...
  • 1 decade ago

    As your income is limited, I would advise you to go for Term Insurance..

    Term insurance is purely protection plan and the premiums are very nominal even for high covers.

    For e.g. a Sum Assured of 10 Lacs + Accident and Disability Rider of 10 Lacs + Waiver of Premium, I am paying a premium of Rs 350/- to ICICI Prudential per month.

    If you go for SBI Life, their premiums are even lower than Rs 350/- for same amount of cover.

    Hope this explains you well!!!

    Take the policy immediately and insure yourself....

  • 1 decade ago

    Money Back Policy

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  • Rouvin
    Lv 6
    4 years ago

    I recommend you to try this internet site where onel can get rates from the best companies: http://insure-help.com/index.html?src=5YAxnu68umH2...

    RE :Whic is the Best L I C policy with low premium and high returns?

    I have limited income. With so much expenses it is difficult for me to save. I want best LIC policy or some other fund which is safe to invest my savings

    1 following 1 answer

    Source(s): I recommend you to try this internet site where onel can get rates from the best companies: http://insure-help.com/index.html?src=5YAxnu68umH2...
  • 1 decade ago

    ULIP from Max New York Life. Mail me at jain_mugdha@yahoo.com for details on the minimum amount and the returns possible.

  • 1 decade ago

    There is one very intresting opportunity to earn money while doing your job or business, www.rmpinfotec.biz, you can take a bajaj allianz family unit gain policy - here you get your policy and opportunity to bring policies of your friends and earn money through all over india, you can earn upto 1,30,000 per week, Contact for details.

    Source(s): siaargroup.tripod.com
  • 1 decade ago

    see the offical website of LIC

    www.lic.com

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