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Insurance is not an investment; do not combine the two

An insurance-cum-investment product does not provide meaningful returns nor does it provide adequate coverage. Since there is a cost to the attached insurance, the return is lower. Since it is a money-back policy, the sum assured is lower. In other words, it is the worst of both worlds

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​ An insurance-cum-investment product does not provide meaningful returns nor does it provide adequate coverage. Since there is a cost to the attached insurance, the return is lower. Since it is a money-back policy, the sum assured is lower. In other words, it is the worst of both worlds An insurance-cum-investment product does not provide meaningful returns nor does it provide adequate coverage. Since there is a cost to the attached insurance, the return is lower. Since it is a money-back policy, the sum assured is lower. In other words, it is the worst of both worlds  Moneycontrol Latest News Read More  

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