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  • News From Press Low sum assured offsets benefits of guaranteed returns insurance policies

    Low sum assured offsets benefits of guaranteed returns insurance policies

    Source: Mint Jun 27, 2019

    While life insurance policies are ideally meant to cover risk to life of the insured, many policies available in the market also have a savings component attached to them. Guaranteed return investment policies also fall in the category of life insurance policies that have a combination of savings and insurance.

    These plans offer a guaranteed return, which makes them attractive to risk-averse consumers. However, the details of how the return is paid may not be very easy to understand.

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