Insurance

R

rohitwig99

New Member
#1
#1
Hi,

I am looking to buy an insurance policy for my parents and for my self.
My Father is 52 yrs, Mother is 44 yrs and I am 25 yrs old.
Kindly guide me on whether should I opt for Term Insurance for all 3 or Endowment Plans?
 
V

vslu1

New Member
#2
#2
rohitwig99 said:
Hi,

I am looking to buy an insurance policy for my parents and for my self.
My Father is 52 yrs, Mother is 44 yrs and I am 25 yrs old.
Kindly guide me on whether should I opt for Term Insurance for all 3 or Endowment Plans?
Click to expand...
It is not easy to conclude like this.if you have other savings sufficiently then you may go for term insurance.otherwise some investment has to be made in endowment policies.
HOWEVER,MOST IMPORTANTLY, BEFORE TAKING INSURANCE POLICIES ,ONE MUST UNDERSTAND THE BASIC CONCEPT OF ECONOMIC VALUE OF HUMAN LIFE.TO GET THE POWER POINT SHOW OF " ECONOMIC VALUE OF HUMAN LIFE " YOU MAY MAIL [email protected]
 
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