Need A Financial Product Forums Trading/Investments Am I investing right amount in Jeevan Anand Pension Plan

This topic contains 1 reply, has 2 voices, and was last updated by  Amit Kumar 2 years, 9 months ago.

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  • #46741

    Amit Kumar
    Member

    I am 45 years old and since last 5 years, I have been paying approximately Rs. 3 lakhs premium annually towards Jeevan Anand. As per agent, I need to pay for a total of 15 years and from my 56th to 75th birthday, I will be getting Rs. 50,000 monthly pension plus a cover of Rs. 90 lakhs. Have I invested more than what was required in this pension plan?

    #46742

    Raja Mehta
    Member

    First of all, it is an endowment policy and not a pension plan. Please confirm it again with LIC guys about what you will get from this plan.

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