I'm 37, invest Rs 17K monthly in LIC Jeevan Umang with Rs 1 crore term insurance. Should I continue with LIC or switch to mutual fund SIPs?
I’m a 37-year-old married person residing in Mumbai. I have bought an LIC endowment plan, Jeevan Saral, where I pay Rs 17,000 every month. As per the policy, I need to pay Rs 17,000/month (Rs 2 lakh/year) only for 15 years & then I will be paid Rs 2 lakh per year till 100 years … Read more