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Don't expect great returns
During the end of the financial year, insurance companies try to tap tax-payers with innovative schemes, including guaranteed returns products. Life Insurance Corporation of India (LIC) recently launched Wealth Plus, which gives guaranteed returns. Last year, it had launched Jeevan Aastha, which promised to give Rs 9 and Rs 10 for every Rs 100 invested, depending on the policy tenure. The earlier
During the end of the financial year, insurance companies try to tap tax-payers with innovative schemes, including guaranteed returns products. Life Insurance Corporation of India (LIC) recently launched Wealth Plus, which gives guaranteed returns. Last year, it had launched Jeevan Aastha, which promised to give Rs 9 and Rs 10 for every Rs 100 invested, depending on the policy tenure. The earlier
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