Things to consider before going for a guaranteed insurance plan5 min read . Updated: 28 Apr 2021, 06:40 AM IST
It’s a good option for investors with a low-risk appetite and long-term horizon, but there are better alternatives
Consider this: In 2014, fixed deposits (FDs) by banks were offering 8-8.5% returns, but now they are giving 5-5.5% returns. This has made finding an investment instrument offering both safe and decent returns an uphill task.
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