Normally insurance products are of Many Namely



Endowment Policy , Term insurance ,Pension Plus and ULIP.



When insurance advisor comes he will not Normally talk about Term insurance and will provide advice for taking ULIP, Endowment eithet with Money Back or with out Profit Endowment , pension plus.



Because he will getting Excellent Commission on these products except Term insurance.



But of my suggestion Term policy is best.



Single premium Term Policy is also available in Market.



Normally we should except high returns on Low investment



Covering only Risks for Long Period this is best suggestions for taking insurance.



Because we cannot harvest gains on insurance . The Main



Concept of insurance is Compensation for loss.



So for person aged less than 35 Years Annual Premium of



6000 Rs for Longer Period say 30 Years the Amount when



risk happens given to the Policy holder is 14 Laks.



Think of the Compensation rendered to Family.



Yet lot to provided in other Articles.