All these insurance are need to do for a person.The person may be a job person or a business owner. LIC is the best for insurance (highly recommend )
1:Term insurance :with in 10k invest in year your family can get insurance of 1 core after your death.age limit it 20-60 age.
2:Health insurance :Helath insurance is must.hospital charge lots of money now a days in disease. You can go to debt if you are not doing health insurance. Yearly you have to pay only 6000 rupee and you can secure your health.
3:Sukanya samridhee yojna:Excellent option for daughter. You Get 15% return with monthly 1k. Minimum you have to invest 500 year regularly other wise you have to give penalty.
4:Child mirage &education insurance :It is best insurance for male child.3 time at the age 18-25 child get money in small little part. At the age of 25 son get the whole money for his education or mirage.
5:Home insurance :Home insurance is must.All must have to do home insurance.Yearly the payment amount is only 6000 to insure your home.very less amount of people have done home insurance in India.
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