News From Press Why buying a term plan is smarter than traditional life insurance products

Why buying a term plan is smarter than traditional life insurance products

Insurance and investment are two separate things with two different objectives. Mixing the two is a major mistake.

Mint Nov 24, 2020

Every generation is hugely influenced by its predecessor. And it is no different in terms of personal finance. One such hangover that we inherited from our last two generations is 'investing' in life insurance products that come with maturity benefit. Contrary to the popular belief that they solve both purposes, such policies are neither good insurances nor good investment products.

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