Always ask for IRR (Internal Rate of Return) when anybody approaches you with investment linked insurance plans.
What is IRR – Indicates the profitability of the investments made in a financial product.
Most of the insurance products which sounds and looks lucrative based on the product advertisements have an IRR of 5 to 6% over the policy duration. With inflation hovering around 6 to 7%, you need to decide if this is where you want to invest your hard-earned money.
Knowledge is only Potential Power. It becomes power only when, and if, it is organized into definite plans of action, and directed to a defined end.
Napoleon Hill
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