I am working as a software engineer (unmarried, parents late) in Hyderabad with a package of 6 L.P.A.
Will you please suggest me the best LIC company to choose for the below polocies.
Before I answer your questions, I want to clarify 2 things:
Insurance protects the financial needs of dependents in the event of the person's untimely death. Since you have mentioned that you are "unmarried, parents late", do you have other dependents like younger siblings, grandparents etc? If not then you do not need a life insurance/term right now.
DO NOT opt for "LIC plans", which mix insurance with investment. See this Q&A Are endowment plans like LIC's Jeevan Anand a good investment option?
Best term/life insurance company - See this Which term insurance plan is suitable for me?
In health insurance, you should buy 2 things:
Please go through these Q&As to get an idea of health insurance:
Sachin Shah is a 30 year old Senior Software Engineer, working at an IT services company in Bengaluru. He and his wife want to plan for their retirement and also want to save for their child's education, wedding and for buying a car.View Case Study