that is old
Now various reimbursement policies, pension policies, insurance policies are critical corridors refute the above statement.
I totally disagree with turns in this area.
In the example given by tacking, the person survived. but what happens is met with an accident and permanent disability?
there are several pure term insurance policies and premiums paid are very low.
if everything were suddenly one breadwinner becomes ill criticism and permanently disabled dad, who would come to his aid?
premiums for pure term insurance policies is very low. for example, an older person wants to have a policy for rs 25,00,000 \ - that is to pay rs 5450 / pa and if taken over 30 years, equivalent 1,63.500 rs / -. of this total we have to deduct rs 1090 / - (the rate of 20% deducted) assuming he is paying taxes. equivalent to rs32700 / - (simple interest) so the net insurance amount payable was Rs 163500-32700 = 1.30800 / - Reviews
If we calculate THAN RS 1090 \ - at the rate of 6 percent interest principle, the premium amount payable will be NIL
Who knows what happens in the next moment? Is not the moral responsibility of a person to see his family is not in the streets after his death or permanent disability?
gold investment does not give good dividends.
gold rate per gram in the 80 was rs 200 / - now is around 1700 / - Reviews
but the bonus paid by the LIC, at the rate of eight percent in rs 200 / - and the rebate of income tax is also taken into consideration, with accrued benefit will be more than rs rs1843 / - Reviews
if the same amount is invested in a fixed deposit for 30 years at a rate of 8%, which would be around Rs 1953 / - Reviews
Insurance may not be a good investment option, but it gives security to the family members.
if any body wants to make money fast, can be done legally and morally in the securities markets. by investing in a systematic and scientific manner following the principles of Warren Buffet, one can get a reasonable return at a rate of 48 percent.
I started to answer this part edited this question, HCL technology moved around Rs 362 / - and now spurted to rs367 / - Reviews
insurance premiums must be paid to our savings, but not borrowing from money lenders.
that the policy to be adopted varies from person to person.
BUT NOT TO BE OUR POLICY NOT TAKE ANY POLICY.
LIC of India has policies covering both natural and accidental death insurance premium nominal
Andhra Bank introduced a group insurance scheme called jeevan abhaya. by paying a nominal premium that covers a natural death and accidental death lakh two thousand rupees. (Tie with LIC)
http://andhrabank.in/scripts/ABJeevanAbh ... A>