Hi Pankaj,
Glad I came across Your website. I have been thinking about MFs and Term Insurances, and read a number of articles on Your site, on the same. It certainly helped me to an extent.
However recently I came across a Term Insurance plan from IDBI, which assures ROP over the period. For a coverage of Rs.50Lakhs, a premium of Rs.29131 guarantees a ROP of Rs.860640 by the end of 30 years.
I am not able to understand how much I will be able to save, if I invest 10K in a term insurance without ROP and rest in an investment. The IDBI Federal Term Insurance seems lucrative with its ROP, but I thought I would ask You.
Could You please help me out. TIA. Rocky.
