I am 28 years and my monthly salary from a private job is only Rs. 26,000. As per my insurance agent’s advice, I need to invest in either Jeevan Saral or Jeevan Anand. Since I don’t have any knowledge on any of these two policies, I am asking the question in this blog. Which of the two policies is better and how much tax benefit I will get from it?
I will suggest you not to fall for any of these policies. Rather invest in PPF or tax saver fixed deposit or mutual funds. Else purchase a term insurance plan.