Term Plan with Endowment

[kishdhika]

Dear All,

How is Birla Dream Plan with Endowment? It offers insurance of 50 Lakhs for an person age of 33 for 30 years at a premium of 26K with Moneyback.

Regards,
Kish

 

[SavantGarde]

Rups,

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SavantGarde

 

[blueninja]

Hi Kish,

Birla Dream Plan is ULIP Plan. So what you will received is fund value based on NAV & Units outstanding after 30 years in your account.

Their are charging Investments guarantee charges @ 2% which will be deducted from your premium.

Their premium allocation charges are very high.

Your death benefits are depends upon your age and not fixed.

I didn't know how much amount they guaranteed you after 30 years.

But LIC can offer you a policy which will give Rs. 50 lacs cover for next 30 years winthin same budget of 26000 in a year.

So anything happen to you during this period, your nominee will received Rs. 50 lacs +

Afer 30 years you will received minimum 637000.

Hi cn you pls advise lcw plan which gives that cover, ad also adv if we invest will we get tax relif once dtc is in....

 

[Globalview9]

I think its term plan + endowment plan.