How ILPs Can Help In Reaching Your Financial Goals
When buying an investment linked plan, it is extremely critical that you ask yourself questions like “What is it that I aim to achieve out of my investment in an insurance plan?” or “Do I like choices and flexibility in a plan?”. There are people who would want to give priority to growing their savings for rainy days, while others may simply want to protect their family with an insurance coverage against what is unknown. Hence, if you are considering investing in an investment linked policy, you should also bear in mind certain factors like wealth goals and the viability of a policy to make sure it does not disrupt other financial commitments.