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Wednesday, October 13, 2010

ULIP policies are bad

ULIP policy has no value in the long run.Instead one can buy a basic term insurance package for any amount and go for ELSS schemes for tax saving and investment. It has low costs associated with it and can get back your money in a shorter period of time without loosing your money a lot.
Insurance is different from saving .clubbing both creates confusion.

Nse And Sensex