Most people are confused and not sure how to determine the investment horizon or time period while taking insurance products. So let me try to help clear such confusion.
Investments are meant to make money but there are investments where every one of us has invested and lost money. Do you want to know where?
Anyone selling you insurance policies is actually not selling you an insurance policy but they are selling you the worst investment product ever.
For me Insurance is never an Investment Opportunity and many agrees to it as well but few had different views. So let me share that different views here.
The Question comes to me many a times and I always suggest them few of my articles where I have shared the answer in bits and pieces but today I will answer this question with all the possible options and outcomes.
Kotak Life launched Kotak Single Invest plan, where a single premium enables the policy holder to get the benefits of insurance as well as investment.
All insurance companies does not have Swine Flu as one of the listed disease and so apart from being safe against Swine Flu there is panic of being insured.