Not exact matches
Dear Ajay, Investing for longer -
period or shorter -
period in Equity oriented products does not
GUARANTEE you higher returns, the point we need to understand is
given the fact that equity products have high risk profile, longer the
time - frame the higher the probability of getting better returns.
In exchange for a lump - sum premium, the insurance company promises to
give you a steady,
guaranteed paycheck for life (or a certain
period of
time, a less - common version of the product).
(2)
In any event, the buyer loses the right to rely on a lack of conformity of the goods if he does not
give the seller notice thereof at the latest within a
period of two years from the date on which the goods were actually handed over to the buyer, unless this
time - limit is inconsistent with a contractual
period of
guarantee.
In general, if shorter - term policies provide more flexibility when it comes to the costs incurred at the renewal of the policy, the advantage of longer - term policies is that they offer a better price and may
guarantee level premiums over a
given period of
time.
The primary options to be aware of with term insurance is the renew - ability feature and
period of
time, if any,
in which the premium is
guaranteed at the
given rate.