KEEPING INSURANCE HUMAN
back arrow Back

is jeevan shanti advisable to a person who is age 45, what are benefits , other alternative, in what scenario one should take jeevan shanti

reply Share
19 Oct, 2020 by  mahesh kaware

is jeevan shanti advisable to a person who is age 45, what are benefits , other alternative, in what scenario one should take jeevan shanti 

like like
0

1 Answer

Post
21 Oct, 2020

Hello Mahesh,


Jeevan Shanti is a single premium annuity plan from LIC. HDFC Life we remember also has a similar plan, called Pension Guaranteed Plan. I am sure other insurers would also have competing plans.


However, here's the thing. Its never a good idea to look at products available in the market and try to fit them to your needs. We would hence request you to first let us know what is the person's current financial status like? Apart from this what are his/her financial goals/needs for the immediate, mid and long term? Once you provide details - we will try and have an expert help answer your query.


Alternatively, we will recommend you contact a Fee based financial planner, who can understand your needs well and then chart out a detailed financial plan.

like like
0
icon-comment 0 Comments
icon-reply Reply
Discover the best tips for insurance every week!

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business.
© Copyright 2021 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to info@beshak.org now 🙂