Nov 30, 2015 04:53 PM
30227 Views
Not worth investing: LIC is the most trusted government insurance company but my brother didn’t have a good experience with this plan.
Basically it says that you invest 10k every year for 3 years and get back Rs 16 lakhs after 20 years. This is designed UIips but I assure that there are other better products in the market than this!
The allocation charge is a whopping 26.5% charge which is just way too much than other products. The agents are only concerned with their commission and don’t really care about the policy holders. I wouldn’t suggest anybody to opt for this but go for other plans instead.
