Does Term Plan Have an Edge Over Endowment Plan? 2741009234941582512-blid-5455160870020913735

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Why do we buy insurance? The answers could vary as per different needs. Insurance could be for the sake of financial protection, it could be a tool used as pure investment and for some it is just another means for Tax savings. Insurance plans available in the market are designed to cater different needs, thus one should buy insurance not just because one needs too but there has to be a definite reason and purpose for the same