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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.
Expert's answer
Ashwin should buy a ULIP because of the following:
- Life protection with savings
- Market linked return
- Level paying premiums.
- Flexibility.
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