Saturday, January 9, 2010

INVEST ACCORDING TO AGE IN INUSRANCE

Depending on your age and the amount you would like to invest, I suggest you go in for Term Insurance of a big amount as the premium is low (only your life is covered with no returns), then you go in for money back policy of LIC of India (wherein life is covered and you get money at periodic intervals). Please get in touch with a good LIC Agent who will explain to you all the products of LIC of India. Further, you can explore the option of investing in PPF (Public Provident Fund) which is for a period of 15 years and NSC (National Savings Certificate) which is for a period of 6 years. Hope you would find my suggestion useful.

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