Most people thinks that traditional life insurance policies (like endowment, money back, ulip etc.) are the good one, which gives maturity benefit or survival benefit as well as risk coverage. Of course they are right, that they will get maturity benefit. But they are not thinking about that the insurance coverage, which protects their family …
Tag Archive: Term Insurance
Permanent link to this article: http://www.stepsandtips.com/insurance/how-term-insurance-is-benefeciary-than-other-normal-endowment-moneyback-ulip-insurance/2365/
Term Insurance 1.Term Insurance is a pure insurance which covers only Risk. 2.Term Insurance provides only insurance coverage with a lesser premium amount compared to traditional insurance.
Permanent link to this article: http://www.stepsandtips.com/personal-finance/difference-between-term-insurance-and-traditional-life-insurance/2316/