ilmscore | Prediction Details
"if you do opportunity cost analysis no you will lose more than 7 lakh rupees so if you had chosen the first option you could have saved 33,000 rupes per year for the first 5 years which you could have invested in an equity mutual fund and even let's say we assume only 10 percentage returns every year you could have ended up with 7 lakhs at the end of 25 years"
By Finance With Sharan | March 22, 2022 | Pending
From video
Upfront Discount Is Bad 00:00:28 - 00:00:46
Interpreted Prediction
Investing the annual savings from a higher initial life insurance premium payment (Rs 33,000 per year for 5 years) in an equity mutual fund with 10% annual returns could yield approximately 7 lakh rupees over 25 years, suggesting this investment strategy is more profitable than paying a lower annual premium for a longer duration.

Prediction Details

Topic
Life Insurance Investment Strategy

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