In a conversation with ET Wealth, Anuj Mathur talks about the usefulness of term plans and why sub-5% returns from endowment policies is not such a bad deal.
Some insurance companies have added new features to their term insurance plans. How useful are these variants of term plans?
These new variants have additional features that suffice the need of the buyer in some way or the other.
While the buyer has an option to pick from the variants, at all times he can opt for the pure vanilla term plan which is also available.