If one look at the product and the features, it was launched on February 25 and it will
be open only for 45 days. So, it will be closing on April 10-11. The second part is that it
is a single premium. One has to pay the premium only once and the maturity is after ten
years. So, the money comes back in the year 2023.
Since it is a life insurance product there needs to be an element of life insurance, which is
ten times of the premium that a person pays.
If one sees the positioning of this product by the distribution force then it is an
attractive investment proposition, comparable to tax-free bonds and also gives life
cover.
Call me on +91 9898382402 for details in Ahmedabad
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