Key Objectives
Protection + Savings
Protection + Savings + Investments
- For growing wealth in the long term, insurance companies provide multiple investment opportunities
- Depending on the risk appetite of the individual, insurance companies provide various investment options ranging from high equity exposure to high debt investment
- Additionally, funds can be switched across equity and debt plans during the term of the policy
- It is evident from the below chart, that investment in insurance products should be at an early age
- The early that an individual starts investing, the greater is the growth of the investment in the insurance products
- Hence, individuals are encouraged to start investing at an early age