Mixing investment and insurance: Finding the right balance for your needs

Age, returns and security are some factors you must consider before your purchase a plan

Deepesh Raghaw
The insurance regulator is currently looking into the proposal, an official said

There are two types of investment-cum-insurance plans: linked and non-linked. (Stock photo)

Relationship managers and agents' work is to pitch insurance products. Many people may struggle to decide if it is the right product for them. Here is a roadmap to help you make the right purchase.
There are two types of investment-cum-insurance plans: linked and non-linked.
Linked: Your money is invested in capital markets and the return is linked to the performance of those investments. Unit-linked insurance plans (ULIPs) are linked products.

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First Published: Jan 27 2023 | 6:26 PM IST

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