Sentences with phrase «for pure risk cover»

Conclusion While the overall features of the policy are good, investors should opt for insurance only for pure risk cover and invest the remaining investible surplus amount into other investment products like normal mutual funds or ELSS plans, instead of insurance.

Investors should opt for insurance only for pure risk cover and invest the remaining investible surplus amount into other investment products instead of insurance.

The mandatory 25 % investment in government securities does limit the risk but this may have other repercussions as many policyholders who are looking for pure risk cover may not find it attractive anymore.

The mandatory 25 % investment in government securities does limit the risk but this may» have other repercussions as many poli - cyholders who are looking for pure risk cover may not find it attractive anymore.

Not exact matches

The money back on the other hand, charges a huge premium, typically 5X more than the pure term, part of it is for the risk cover.

For those not convinced of a pure risk cover, here's a brief on whole life plans.

New Risk Care II is a pure term plan where you get a cover for a specific term by paying a single premium.

Since this is a pure risk cover and no money is kept aside for investment component, term insurance policies provide a high amount of cover at very low premiums.

Term insurance is a pure risk cover and a product which is an absolute must for every individual who has any dependent relying on their income.