SBI Life - Smart Performer - Daily Protect Fund - III and Index Fund

I have Invested in SBI Life - Smart Performer, my yearly premium is Rs.50000/-, I have to pay this premium till next 5 years and the policy term is 10 years, I am in confusion whether to continue this policy or not? have I invest in a correct policy? I need your expert advice.

asked Nov 04 '12 at 12:28 by Pankaj Patil 1135

Buying an insurance plan for investment needs is always a bad choice. Insurance should be bought for protection needs only.

For investment with better returns there are multiple equity (stocks, mutual funds etc) and debt (Fixed deposits, FMPs, PPF etc) based product available in market.

answered Nov 11 '12 at 22:57 by Pankaj Batra 5.2k320


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Asked: Nov 04 '12 at 12:28

Seen: 4,702 times

Last updated: Nov 11 '12 at 22:57