Budget
has enhanced the Section 80 C limit and insurance products are a hot favourite
tax saving tool in that category. Since Unit-linked plans do not have a very
good reputation, it is usually money-back and endowment policies that land in
your portfolio Insurance
Planning Services in India. But do you know what an endowment policy is? You would have
heard about it and some of us would also have it in our insurance portfolios.
But you wouldn't have even bothered to understand the policy benefits or the
product structure, forget going through the details—clauses, policy wording,
etc.
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