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Invest in LIC and generate stress-free regular income

Today, everyone aspires to have an additional source of income. Though, Real Estate and Equity Market appear to be the most lucrative options.

However, many of us refrain from investing in stocks as we have heard of umpteen cases where investors have burnt their fingers by investing in stocks. It would be fair to say that chances of failure arise only when investors do not act prudently and/or invest in stocks that fail to perform. Moreover, stable income from share market is a challenge. One has to rely on the competence of ‘stock market experts’.

The other, relatively safer alternative is investing in mutual funds. Mutual funds are of various types including debt, equity and hybrid. While equity funds give the maximum returns they are inherently risky. Again in mutual funds too, there is a possibility that when the investor needs money urgently, the NAV of the fund may not be at its peak. Thus, liquidating such an investment may lead to less than optimal returns.

The yields from Real Estate investments have been awe inspiring in the past. However, these days real estate investments have many pitfalls. If you buy a flat worth Rs.50 Lacs, you get a rental income of Rs.15,000/- only. Out of this income one has to pay brokerage fee and maintenance charges on a regular basis. The worst part is the risk of litigation in the event of any dispute with the tenant.

At present the real estate industry is reeling with no signs of recovery any time soon. The unrealistic appreciation in properties is passé. The market forces have had made enough corrections and the prices have more or less stabilized now, and major appreciation in the real estate investments are no more expected, as we have seen in the past.

In the light of the aforementioned, investment in LIC as a means to generate an additional source of income remains the best bet.

There are various LIC plans which gives guaranteed return for life on your investments, the rate of return varies from 5.5% to 8%. Please call Mr. Sukhdeep Singh at 9230091000 to know more about these regular income plans in Chandigarh, Mohali, Panchkula, Zirakpur and Kharar. We are authorized agency for LIC of India and provide life insurance plans/policies to individuals, HNIs/NRIs and corporates in Chandigarh, Mohali, Panchkula, Zirakpur, Kharar. For more details or a customised solution, please call us at +91-9230091000.