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  • News From Press Tax benefits matter, but watch out for tricky insurance policies

    Tax benefits matter, but watch out for tricky insurance policies

    Source: Mint Mar 30, 2022

    Debroop Roy, 26, was approached by a family friend, doubling up as an insurance agent, with a lucrative investment plan. Roy will have to invest ₹1.2 lakh every year for 12 years and from the 13th year onwards, he will get ₹1.3 lakh annually for the next 34 years. That’s not all. The ₹14.40 lakh paid in premiums over the first 12 years will be returned fully in the final year of the investment term.

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