For investment needs, consider
pure investment products such as equities, mutual funds and fixed deposits.
Mutual funds are
pure investment products and don't offer any insurance cover.
Invest the savings in
pure investment products such as PPF, EPF, mutual funds, FDs etc..
It can happen in
pure investment products too.
Life Insurance companies can't sell
pure investment products.
While ULIPs serve a dual purpose of life insurance + investment, mutual funds are
pure investment products.
A mutual fund is
a pure investment product that gives market linked returns.
We will pick up a pure insurance product and
a pure investment product.
You may argue that PPF is
a pure investment product while LIC New Endowment plan has an insurance element too.
You will be much better off purchasing a term life insurance plan and investing the proceeds in
a pure investment product.
In that case, this becomes
a pure investment product.
Not exact matches
Whole life
products have an added
investment component along with their
pure insurance or death benefit function; these policies build cash value over time.
«Creating
products that compete with low - cost passive offerings, such as strategic beta — a hybrid
investment approach between active and passive — appeals to active managers that struggle philosophically with managing both active and
pure passive,» DeBolt continues.
J.P. Morgan
investment products are managed to be style -
pure to fulfill specific roles in your asset allocation strategies.
Not surprisingly,
pure insurance policies tend to lose out to
investment - cum - insurance
products in sales.
There are term policies, or
pure insurance coverage, and the many variants of whole life, which combine an
investment product with
pure term insurance and build cash value.
A Unit Linked Insurance Plan (ULIP) is a
product offered by insurance companies that, unlike a
pure insurance policy, gives investors both insurance and
investment under a single integrated plan.
Whole life
products have an added
investment component along with their
pure insurance or death benefit function; these policies build cash value over time.
Investors should opt for insurance only for
pure risk cover and invest the remaining investible surplus amount into other
investment products instead of insurance.
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.