manishkumar ishwarlal lad
January 27, 2011 1:00 pm
IS IT ADVISABLE TO TAKE LIFE INSURANCE POLICY WHICH GIVE RETURNS ON BASIS OF HIGHEST NAV
HIGHEST NAV PLAN INVEST MAINLY IN DEBTS WHICH GIVES LESSER RETURN.
IT IS BETTER TO TAKE A ADEQUTE INSURANCE TERM PLAN AND DO INVESTMENT IN EQUITY THROUGH SIP IN DIVEREIFIED FUNDS WITH LONG TIME HORIZON.
I will give you a very nice “extreme” example.
Put money in a savings account (which earns @3.5% atm). It is also a highest NAV plan!! 😉
Btw, there are multiple posts and blog posts regarding the same issue.
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