Insurance as an Investment.
Insurance and Investment are different products.
Insurance is taken against protection. It will protect us in unforeseen conditions. If something happens to the main earning member in the family, then insurance claim will protect that family. The returns are nominal. It is less than FD. The best way to take insurance is Term Insurance. With very less premium, the nominee of the policy holder will get huge amount in his absence. This will help the family to lead a normal life as usual without struggling for money.
Comments
Post a Comment