One Crore – Term Life Insurance – Why You should not take?
One crore term life insurance—is it the right coverage? Many people have questions in their minds. Why people always ask about 1 crore life term insurance. There seems to be some mental blocking. Here, in this article, I will explain the reason behind this. Unable to calculate the term insurance required… People really do not know the life insurance coverage that they need to take. I will explain in a simple way. There are two methods that planners like me will follow to advise life insurance requirements to our clients. They are… Human Life value Method Need-based Analysis. For example, …
LIC of India(new jeevan anand) – Why these kind of polices are bad?
When we are about to take a Life Insurance Policy, then first LIC of India name comes into our mind. LIC of India is backed up by Government of India. Lic is offering so many varieties of plans. But some plans are not good for you at all. They will destroy your wealth.New Jeevan Anand policy is famous in LIC OF INDIA. Life Insurance will cover the risk of dying too early and risk of dying too late. Hench, Life Insurance Corporation if it covers above said two risks. But the real problem comes when it is trying to behave differently …