I have started investing in Aviva Life insurance amount Of Rs.12000 per anum. Paid 3 quarterly installments,now i realized that the returns are not good with the scheme ,i discouraged my friends from investing in that but how i can come out without loosing what i invested.?
Contrary to what you may think about returns not being good.. you need to understand that an insurance product is NOT MEANT for short term gains. They are there to meet your long term objectives. DO NOT assume that its the same as a mutual fund. INSURANCE IS THE ONLY LONG TERM INVESTMENT OPTION other than Real Estate and precious metals.
