Below are the reasons, why returns offered by life insurance are incomparable to returns offered by other investment tools :
In most of the investment tools, saving needs to be carried out before the wealth/corpus creation part.
A life insurance provides coverage for the uncertain time of death. In life insurance the wealth gets created/assured first and you save later.
Also, life insurance has various products that offer guaranteed returns.
ADVT No- II-Apr-2022-3878