LIC Jeevan Labh (Plan 836) is a limited premium, non-linked participating endowment plan. Traditional life insurance plans are poor products and I do not expect LIC Jeevan Labh to be any different. It is a new plan, at least on paper. In reality, it is old wine in a new bottle. Let’s find out more about this plan in this post and see if makes sense to invest in such a … [Read more...] about There is no LABH in LIC Jeevan Labh
LIC New Endowment plan
I have reviewed many traditional plans in this blog. The conclusion was same in all the cases that the plans were strictly avoidable. In this post, I will review LIC New Endowment Plan (814) and see how it fares against a simple combination of term plan and Public Provident Fund (PPF). LIC New Endowment Plan (Plan no. 814) is a traditional participating non-linked life … [Read more...] about What’s wrong with LIC New Endowment Plan?