Term Insurance is a pure protection insurance that offers financial protection to your family. It do not have any maturity benefits. It is same as car insurance and bike insurance. It would be beneficial only if case of accident or uncertainties of life. The coverage amount or the sum assured is paid to the nominee in case of death of ...
Mutual funds in best investment in long term. You can start mutual funds for one more reason, that is tax saving. Few equity mutual funds are identified as ELSS funds and money invested in these funds can be declared in income tax section 80C. Invest money for 3 years and additional benefits of income tax saving apart from higher returns ...