Got a query on an
#Life_Insurance plan..
Friends, do not expect an return equivalent to 12% on any
#Endowment_Moneyback or any deferred investment plan…
Whenever a
#Insurance agent/broker convinces you to buy a investment plan ask about what is the IRR (Internal rate of return)
As to the best of my knowledge,
#HDFC Jeevan Sanchay Plan is the best with 6.8% IRR over a period of 20 years .. all others are below that..
#Brotip::: Always buy Insurance for your life cover not for seeking high returns!!
P.S I am not an Insurance Agent/broker