# Insurance - [Should I invest in this LIC policy?](https://www.indiainvestments.wiki/faqs/insurance/should-i-invest-in-this-lic-policy.md): Avoid. LIC and the agent would take most of it. You'd be left with peanuts. It's one of the most opaque form of investments, and there's no guarantee. Govt. backs LIC, not your financial future. - [Opinions on investing in smart wealth plan by bank?](https://www.indiainvestments.wiki/faqs/insurance/opinions-on-investing-in-smart-wealth-plan-by-bank.md): Avoid. Insurance company and bank RM would make gains; but you could do much better not mixing insurance with investments. Insurance cover is inadequate, returns from ULIPs are lower than bank deposit - [Up to what age should I take term cover?](https://www.indiainvestments.wiki/faqs/insurance/up-to-what-age-should-i-take-term-cover.md): Till the age someone is financially dependent on your income. Ideally 60-65, no more. - [Do I need my own health insurance? Employer already has group policy](https://www.indiainvestments.wiki/faqs/insurance/do-i-need-my-own-health-insurance-employer-already-has-group-policy.md): Yes, you should. Employer provided group policy might have lower cover, or co-pay, or a cap on room-rent. You should get one on your own, to decouple your insurance from your employer - [Should I take top-up policy or super top-up?](https://www.indiainvestments.wiki/faqs/insurance/top-up-vs-super-top-up.md): Super top-up is better, as the limit is reset on every claim. While for top-up, it's per policy year - [Is it worth paying extra premium for term insurance?](https://www.indiainvestments.wiki/faqs/insurance/extra-premium-term-cover.md): With various regulations in place for insurers by IRDA; there are not many advantages of paying a premium to larger, and otherwise reputed, companies for their term insurance cover. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://www.indiainvestments.wiki/faqs/insurance.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.