Insurance

POSTED BY veer1963 ON October 3, 2010 12:46 pm COMMENTS (2)

Dear sir,

Regarding Reliance Life Insurance with 5% monhtly moneyback scheme- can you pls throw some light as to the pros and cons.

Reagrds,

Veer

2 replies on this article “Insurance”

  1. veer1963 says:

    Thank you

    regards,

    Veer

  2. jitendra solanki says:

    Money back plans are always a costly proposition as net returns is very low.Also the premium invested will be high because of the mid return feature.

    its always advisable to consider Term plan and other investment like MFs for investment.

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