Nov 04, 2015 01:14 AM
3429 Views
LIC in India is for sure one of the trusted brand, but what about the money we paid to them to secure our family? When it will be paid in full? Do we avail the benefits when the insured person is alive? I have even taken a life insurance policy with LIC. One good thing is I had opted for cashback policy and at-least I am getting 50% of what I had paid.
It would be more better, if we start investing the money with quality mutual funds instead of LIC. What I believe the money should be with you when you need it, with LIC there is no such option. I would suggest stop investing in LIC and opt for mutual funds, The money can be withdrawn after 3 years and also we can keep on investing.
