How is kotek money back plan and why.IS THERE ANY OTHER better MONEY BACK Plan of any insurance company?

Answers:3   |   LastUpdateAt:2012-07-18 02:47:02  

Question
Hema_Malini
Asked at 2012-05-20 15:16:32
Plz do not ask questions such as why U Want It or someone who depends on u, so plz just answer the question asked d .
Thank you.
Answer1modal verbAnswered at 2012-05-21 21:53:21
I am responding only the second part of your question . LIC offers a money back plan . LIC money BackPlan 75 and 93. LIC Jeevan Surabhi , New Bima Gold . Then there is a single premium plan called Bima Bachat .
Answer2mike GeeAnswered at 2012-07-18 02:47:02
Money Kotak alternative plan is a traditional plan of 15 - 25yrs .... or get fixed returns but
rtrns not more than 5.8 % per year.

The plan says tht u hv to pay each year until the expiration of term or death. U can submit / canceled after 3 years, but u will get yr only premiums paid (excluding the first year) less than 30%
Decl + delivery chrgs bonus (if any )
No company has a bonus decl (so far) of over 5 % and average bonus is about 3% Ind. ..

We do not suggest to go for this plan.

PS .. if ur interested in a plan that gives a good performance .. please get back to us and I will send

you all the details of the plans we have differences .
Please send your :

1) Amt premium investing
2) Mode of premium - Monthly / Quarterly / Annual
3) holding for investment ( min Number of years you want to be invested )
4) Deadline for investment


Thanks
respect
Ruchi Kedia

Finance Richhpal
Mumbai.
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