I still wonder if this is possible. Then why are people still going for expensive Mediclaims, Money back and Endowment Policies ? Am I understanding it correct... For example: A 35 year old paying premium of about 9500/- for the next 15 years (till 50 years) will get a whooping 35 lacs at the end of 50th year and he is still covered for 60 years....????
