scorecardresearchIs it prudent for retail investors to explore guaranteed return plans by insurers?

Is it prudent for retail investors to explore guaranteed return plans by insurers?

Updated: 19 Jul 2022, 09:49 AM IST
TL;DR.
During ongoing market correction, retail investors can invest in insurance plans that offer assured returns up to 6-6.4 percent
Surrendering the insurance policy prematurely triggers a heavy penalty and investors get only a portion of the premium paid

Surrendering the insurance policy prematurely triggers a heavy penalty and investors get only a portion of the premium paid