How life insurance is an investment?
Shailesh Kumar, Co-founder, Insurance Samadhan
Answered on November 01,2022
Answered on November 01,2022
Dont treat life insurance as investment . It is a risk management plan where a pool is created and one transfer personal risk to the pool .
Always use Life insurance as risk management product . You can also use it as saving option but do not expect return more than 4% but it has an USP " Guaranteed fulfilment of purpose of insurance.
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