Friday, March 02, 2007

Insurance thingy resolved

After all the insurance blues, I finally decided to go the safe way - I signed up for a simple term cover with LIC. A 25 lacs cover over the next 25 years is costing me about 3350 per half year or about Rs. 6700 a year. The only problem is that LIC does not allow me to add a Accident rider or a Critical Illness rider. But all said and done, it seemed a decent deal. Anyway, over the last 50 years, people tend to trust LIC more than anything else.

Administrative note

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