It offers the senior citizens a platform option to invest their money in a high yielding, safe and widely popular savings instrument. (policybazaar.com)
There is no way insurance industry can compete with banks and other providers on savings instruments due to the cost of insurance. (blogs.bajajallianzlife.com)
Most people consider insurance as just another form of savings or tax savings instrument, which can earn them safe, stable returns over the long run. (aegonlife.com)