| Author | Message | ||
Gotcha Megastar Username: Gotcha Post Number: 29472 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
once u have a term insurance u can always change it to permanent. if ur income increases and u want some safe money not based on market insurance is best option and irs alllows it anta. explore cheyandi ... | ||
Bobby Junior Artist Username: Bobby Post Number: 444 Registered: 04-2008 Posted From: 207.70.163.246 Rating: N/A |
i am not sure on tax deduction will check CFP.....but for one million it can be around 1200 -1400 per month... I know we can withdraw some cash (partial amount only ) after 3 -5 years | ||
Gotcha Megastar Username: Gotcha Post Number: 29468 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
once u have aterm u can always change it to permanent anaru. say 1 million ki permanent anuko and for 20 years u can always borrow from it and use money without any tax deduction anta kada ... | ||
Bobby Junior Artist Username: Bobby Post Number: 443 Registered: 04-2008 Posted From: 207.70.163.246 Rating: N/A |
i did both.....term for 1 million and permanent for 250K ( koncham ekkuava pettali anukunna..but budget adjust cheyatam kudraledhu) | ||
Gotcha Megastar Username: Gotcha Post Number: 29467 Registered: 02-2008 Posted From: 172.87.48.134 Rating: N/A |
chala mandi insurance tesukuni untaru. enta mandi term teesukunaru enta mandi permanent. maa CFP chepadam permanent insurance best for 20 years and it will act as safe money if any market crashes. u get tax benefits out of it. mee inputs chepandi ... |