Steps to Calculate Your Life Insurance Needs

Calculate Your Life Insurance Needs Know your Family Income and Expenses – Earning – Expenses Know your Family’s one time needs – Child’s Wedding + Education, home Loan + Other expense Know your current assets – Cash + Savings + Investments + Existing Life Insurance Your Calculation = Total Requirements (1 +2) – Existing Assets ...

LIC Best Plan Details

LIC Best Plan Details

Commission Derive the Sales – How Agents push you the insurance plans? 2

Agents push endowment and money back plans, which  fetch them higher commissions even though the returns are very low. See the below list to be prepare while taking any life insurance plans: Pure term Plans: Best form of insurance but projected as a waste of money. Ulip: No longer favorite because of the low commissions. ...