Lile in­surance prel­erred in­vest­ment choice lor 70% mil­len­ni­als: Sur­vey

Sim­ple I easy to en­rol plans needed for peo­ple with­out any fixed in­vest­ment pat­tern

Assocham Bulletin - - STUDY -

Life pre­ferred in­surance is in­vest­ment the most in­stru­ment to achieve fi­nan­cial goals for al­most two-thirds (70 per cent) of mil­len­ni­als closely fol­lowed by mu­tual funds (69 per cent) and fixed/ re­cur­ring de­posits (64 per cent), ac­cord­ing to a re­cent sur­vey jointly con­ducted by ASSOCHAMand In­di­aFirst Li£eIn­surance. "Higher cover at lower pre­mium rates, sim­pli­fied buy­ing process aided with quick cus­tomer ser­vice and easy doc­u­men­ta­tion makes li£e in­surance a pre­ferred fi­nan­cial as­set," high­lighted the sur­vey re­port ti­tled, 'House­hold

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