Mutual Funds investment with Life Insurance Coverage

POSTED BY ajay srinivas ON February 9, 2011 3:36 pm ONE COMMENT

Hi, this is ajay and i dont much about this life insurance but i would like to invest amount in different companies in mutual funds with life insurance coverage. so if the total amount insured is more than 3crores(say like 20lakhs in A company, 20Lakhs in B company).So if ant thing happened bad to the insured life do all these companies pay the entire insured amount to the customer.

One reply on this article “Mutual Funds investment with Life Insurance Coverage”

  1. Ajay

    In Life insurance , you get money paid by all the insurance companies ,also there are very less mutual funds which provide coverage along with investments , there were few launched some years back , but now sure whats their state at the moment

    Why do you need it with coverege , better take a seperate term plan .

    Manish

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