I have Insurance policies with LIC,Reliance,SBI & mutual fund with DSP black rock & birla sun life.

but my friends are telling that insurance policies are waste as in future inflation rate will increase then the amount which we will get from policies will be very less as compared to current rate of money after 20 yrs.

But if we take Home loan then,our home rate will increase as per market inflation rate so we can good returns…which will meet the market rates..

i want know is it really true.. as i believe that policies allow us to save money from very small amount in intervals to get a big amount when you require it..