it is often said that insurance should not be used as an investment option however i tend to differ here as if somebody is getting twin benefits of saving as well as insurance in one option he/she should go in for that option however one question which arises now is the payment of premium which is basically a cost as far as life assured is concerned....now people say that and i also agree that one should go in for pure term plans as far as insurance is concerned and for investmets they should go in for conventional products such as fixed deposits, RDs, MFs etc. while having said so one often needs and seldom gets good advice as far as investments are concerned...here we will discuss about LIC and other insurance companies plans...my reference site for this is www.infopleez.com which gives a detailed review of various plans
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