hello everyone...
i have a doubt i want to buy an insurance for my dad but his age is 55 years and i can pay around 20,000 per anum. can anyone plz tel me which option will be better ulip or term insurance or anyother plan. i cant insure my dad bcoz of age and if there is any tax benefit it will be more useful...i want a policy for 20 years. plz mention some of the insurance policies which will be beneficial......
i have a doubt i want to buy an insurance for my dad but his age is 55 years and i can pay around 20,000 per anum. can anyone plz tel me which option will be better ulip or term insurance or anyother plan. i cant insure my dad bcoz of age and if there is any tax benefit it will be more useful...i want a policy for 20 years. plz mention some of the insurance policies which will be beneficial......