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

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  • August 8, 2014 at 11:53 am #46741
    Sameer Kapoor
    Participant

    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?

    August 10, 2014 at 4:55 pm #46742
    samkapoor77
    Keymaster

    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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