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Home > Videos > Term Insurance Policy Vs Money Back Policy Vs ULIPs - Types of Life Insurance Policies in India

Term Insurance Policy Vs Money Back Policy Vs ULIPs - Types of Life Insurance Policies in India

Endowment plan or money back plan is a savings plan. Whereas a ULIP plan is linked with the stock market and money goes to the stock market. Difference between term life plan and money back plan are: Term life insurance plan only covers life.  You don't get any returns. term insurance plan protects your life and in your absence, it protects your family from a financial crisis. A premium of every term insurance plan is less than the endowment plan. To Learn Money every day, Subscribe to our YouTube Channel - http://bit.ly/2gjv2mu and hit the bell icon to receive regular notifications.  

 
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