Safety advise for invest money [Resolved]

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 March 2012 Sir i am salaried employee in partnership firm. I saw A Advertisement in internet
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I am an agent of UNIQUE life care insurance. This company is having tie up with Leading insurance companies like LIC, MAX NEW YORK, MET LIFE. The company is offering best life care policy and also best FIXED DEPOSIT plans also The Unique company Best FD policy where you can double or Trippe the money with benefit of Life risk. The minimum investment is 50,000 and maximum is up to u. This Plan offers double the amount in 7 yrs and Trippe the amount in 10 yrs. Those who are Interested to deposit the money Please contact me.
is this possible to make money triple in 10 years time company name is Unique Mercantile India Pvt. Ltd.
can i trust this company for invest my money.can i deduct in my income & expense for this invest.
please give me some useful advise

Krishna Mohan

Krishna Mohan (Expert)

21 March 2012 Similar offers are also being given by all the Banks also. Hence, you can invest in the bank FDs or mutual funds. In addition to this, you can claim IT benefit on those investments if you put in tax savings scheme. This benefit and safety may not be available on the company mentioned by you.

Querist : Anonymous

Querist : Anonymous (Querist)

21 March 2012 can i trust this company for invest my money is there safety for my money in this company if i do not thing about deduction (because this scheme is attract me)

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