LIC FAQ

hi, this is kumar, took lic jeevan anand policy for a SA of 1500000 with a premium of 6450/month for a period of 21 yrs. i just paid my first 3 premiums, but now i'm in dilemma whether to continue or discontinue at this junction without waiting till surrender value? Anyhow i don't want to take risk investing in Eq/shares, but in MF. please let me out of this confusion LIC Jeevan Anand is a good savings option and do not exit it just because you are confused. This is a plan where you get guaranteed returns and not to mention your capital (all premiums) is also secured. It is not good to compare a guaranteed return insurance plan (which gives tax benefits also) with an equity product like stocks, shares and mutual funds which doesn’t give any guarantee of capital and returns.  http://www.myallagents.com/LIC-FAQ/details.html