Answer to Question #270603 in Finance for sahil

Question #270603

Ashwin wants to buy a Pure Risk Life Insurance cover of Rs 1.5 crore. He is confused whether he should buy a ULIP a Term Plan. Recommend the product best suited for his requirement. 


1
Expert's answer
2021-11-23T17:22:23-0500

Ashwin should buy a  ULIP because of the following:

  1. Life protection with savings
  2. Market linked return
  3. Level paying premiums.
  4. Flexibility.

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