Srinagar, Feb. 21 -- Guaranteed return plans are a type of life insurance product that offers policyholders assured returns on their investments. These plans are designed to provide financial security with a fixed payout at the end of the policy tenure. Unlike market-linked investments, guaranteed return plans are unaffected by market fluctuations, making them a preferred choice for risk-averse investors.

How Do Guaranteed Return Plans Work?

Guaranteed return plans provide insurance coverage and a fixed return on investment. They help individuals build a secure financial future while protecting their loved ones.

Guaranteed return plans combine investment and insurance. Policyholders pay regular premiums over a fixed tenure. At the end ...