I have recently invested I the TATA-AIG Ujawala Bhavishya investment and insurance plane of a premium of one lakh per annum.How good is the investment in the present senario and for future..

I can't read your question well because of the typos, but I can tell you that insurace is never an "investment." Whole life insurance is sold as an investment, but provides lousy returns. The same is true of anuities. They also have high fees. Insurance is important, obviously, but stay away from people who package insurance as an investment.

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Originally Posted by FrankK

I can't read your question well because of the typos, but I can tell you that insurace is never an "investment." Whole life insurance is sold as an investment, but provides lousy returns. The same is true of anuities. They also have high fees. Insurance is important, obviously, but stay away from people who package insurance as an investment.

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I don't know I have an investment with an insurance company, many have bank accounts, savings accouints and even IRA's. I have one with a min of 3 percent, that sounded pretty good last year.

I earned more than 3 percent in a no-fee money market this year. Bottom line: buy insurance from insurance agents; buy investments from certified financial planners/advisors.