In a life insurance policy ,age 40 years. LICI premium around Rs.28000/ and SBI life premium around Rs.21000/.?

Answers:3   |   LastUpdateAt:2012-10-25 23:16:02  

Question
Tired â¿´ s. -
Asked at 2012-05-24 21:05:24
In a life insurance policy , the age of 40 years. LICI premium of about Rs.28000 / SBI and the prime of life around Rs.21000 / . ?
Answer1 Answered at 2012-06-04 00:08:21
What kind of policy that is needed is a big question never compare one or more premium for the company because all the terms and conditions is different you should check all installations before buying a policy
Answer2VeRgA CaLiEnTe Answered at 2012-06-08 21:31:11
LIC policies cost more than all other companies but they are better than his aim is to establish a relationship of 97 %. You can be sure that your claim when this is resolved. With SBI 's claim settlement ratio is 83 %. This means that 17 of every 100 claims will be rejected by the SBI and you could be one of them . While the LIC only 1 out of every three will be rejected. Therefore the likelihood of rejection of claim is 5 times with SBI.
Answer3nishiAnswered at 2012-10-25 23:14:09
INSURANCE IS A NO EXPENSE , A investment avenue . MedlinePlus MedlinePlus Insurance is basically a loss contingency AVENUE REDUCE . MedlinePlus MedlinePlus Go for PURE TERM PLAN . no maturity value . MedlinePlus MedlinePlus It is the cheapest and best . MedlinePlus MedlinePlus You can invest the premium saved best avenues as SIP IN MUTUAL FUNDS / PPF / DIRECT EQUITY . MedlinePlus MedlinePlus The benefits of an endowment policy / MONEY hardly will beat inflation over the long term.
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