*Loan,banking and credit>>>term insurance

Tell me more about LIC insurance new market plus paln,i am interested in investing long term.?

by asking MORE, I hope you know something.
well.
Ulips are best insurance products desingned by other MN corporates.
initially it was cretised by LIC people. but seeing the people's response to ULIPs, LIC brought Ulip in the name of Money plus and market plus.

In money plus and market plus, the investment risk in investment port folio is borne by the policy holder.
The allocation charge is very high (26.5%)like most insurance companies.
Best ULIP Plan is being offered now is Bajajs Capital Unit Gain Policy! it is a big boss of all insurance policies

its Pros: Good returns, less charges, value for money
Cons: There will be some.. minor ones
Not sure why nobody reviewed this plan yet but now Bajaj Allianz has the best ULIP product!! i.e. "Capital Unit Gain" insuranse policy.
Advantages..
1. Very less Premium Allocation Charges
2. Best returns on the investment
3. Partial with drawls after 3 years
4. Less mortality charges
5. income tax exemption for premiums and also for returns.
5. Top up facility and the list goes on..

Premium allocation charges by other companies ranges from 20 to 45% of your premium. For example, if you want to invest in Icici鈥檚 plans there is not top up facility available. And in Bajaj Allianz, charges on Top up are about 2% only!!!..
Less charge on foreclosure is another advantage. And they also have a referral scheme where in you get paid for referring your friends.
Fact is, the product is very good in all terms. Try for yourself. I鈥檓 not an insurance advisor but I invested in the Capital unit gain plan after reviewing almost 25 ULIP Plans by 6 different companies.
There is some channel partners who will pay you referral bonus on your investment as well as on referrals made by you.
Their product brochure mentions all the terms and conditions very clearly. no hide and seek.
Check out Outlook Money 31st Jan 2007 Edition page no. 66(cover page title "The Rupee Stretchers") and compare yourself!!!
What鈥檚 more?..
You can create your profile and check your statement online!!... Once you register, you can switch between different funds online!! Wonderful.

Anything more?..
Yes, when you invest in Bajaj allianz ULIPs through their channel partner, you will get additional bonus. (it is not any illegal rebate, but legal bonus for the leads we provide)which will suppress all the charges!!. You can have additional earning opportunity up to Lakhs.. Crores鈥ith the channel partner! Sound interesting?
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Want more details?
mail me, I will provide...
My email ID : firmindevaraj0910@yahoo.co.in

to be contact a lic agent
To get best plans search net first than go to any agent. Website like below or simply put in google with country specific.

WWW.moneycontrol.com
WWW.tataaig.com
Market plus plan of LIC IS VERY ATTRACTIVE one and LIC has got a huge amount in premium for this plan to be invested in coming days and after closure of plan on 14th, the NAV under this plan is going to increase sharply.
If intrested invest as soon as possible without loosing chance.
If you are interested to know more about LIC's ULIPs you may send me an email. I hope you know about LIC and how it was set up in India in 1956.
It was setup by the Govt.of India to safe guard the interest of the people by consolidating all the private insurers. Since the globalization and liberalisation took place, govt. was compelled to allow private players again into the insurance market.

Good Luck
pnkmurthy@yahoo.com
http://www.geocities.com/pnkmurthy/lic.h...
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