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Product update

Can you please advice me on Product TATA AIG MAHALIFE-GOLD.

Would it be feasible for me to invest in it.

Should I prefer Mutual Fund and Term Insurance or should I look for this.

Is this product more of retirement plan with regular income. Is there any other better option available in the market which can beat this product.

I am not in favor of hybrid products especially Insurance.

Please suggest better plan than above if any with example.

Objective long term regular income after retirement.  

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