Is this a good scheme?

lord saru

New Member
So I registered for a insurance plan run by the government agency. I have to pay approximately 3500 Rupees every month till I am 55 years old. After 55 years, I will recieve Rs 1,00,000 every year and on death, my family members will recieve approximately (age of death x10) lakh rupees.

I already registered and is now planning to continue with it. Do you think its a good choice? Enlighten me.
 

dan the man

New Member
Life insurance is not an investment. Your goal should be to make enough money and enough income streams (real estate, crypto, stock market) to self insure.
 
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