LICs Money Plus How it is beneficial?

it is said that if I invest 10000/- each for three years surrounded by LICs Money Plus and then from 4th year withdrawing and repaying 10000 for 10 years I will capture 3 lacs and if i do the same for 20 years i find 6 lacs.( Note that My investment is only 30000/-) Please explain
Answers:

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this is not really, if take Reliance energy in ULIP, total 15% in armour past observation is 41%(since 2004) if you choose reliance life, contact 9994455819

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this is misunderstanding advice by lic agents. i get the impression this is a ULIP policy but how can them promise it.who give the guarety fot.? did lic guarenty for the money posterior. it is cheating by LIC and its agents

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So masses people are misguided beside such a wrong information.
Money plus of LIC is unit connected insurance policy. The money you pay will be invested contained by equity market to label higher returns. But these returns are base on market volatility may grow up or even down.
The returns are not guaranteed. As per IRDA regulations, prjections may be between 6% to 10%

for more details please touch free to write to pnkmurthy@yahoo.com

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you will bring this amt. provided the return is 25% annualy. u should pay the premium from ur own sources and expect a return of appox. 15% p.a which will tender you a handsome amount of appox. 8-10 lacs in 20 yrs. for more cont. 9868115149

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