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PolicyWala Expert
Why there are more ULIP and other investment products rather Term Insurance?
“A person may be wealthier if he were to buy the cheaper term policy and invest the balance amount, which would have otherwise gone towards high premiums of saving-linked policies, like MFs. In this way he would be risk-covered and also generate higher returns”. So then, why there are more ULIP, Money back policies and other investment products (rather Term Insurance) from all Life Insurance companies?
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