Need A Financial Product Forums Insurance Is Jeevan Anand policy of LIC a good policy

This topic contains 1 reply, has 2 voices, and was last updated by  Nalini Ratan 3 years ago.

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  • #47958

    Nalini Ratan
    Member

    I am 30 years old and I have taken LIC’s Jeevan Anand policy. Policy tenure is 21 years and I have to pay premium of Rs. 30,000 on annual basis. Though I should have actually asked this question before taking this policy, but still it is better to be late than never. Is this a good policy?

    #47959

    Kalpana Lad
    Member

    Thanks for realizing that you are late. If safety of your money is the concern, then it is a superb policy. But if you have invested thinking that the policy will give you 8, 10 or 12% return, then certainly a bad choice.

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