Its human tendency to look for guarantees whether you buy small thing like a mobile or a big thing like a house.
Equity market by its very nature is unpredictable. Yet you look for maximizing your returns. You want some guarantees; after all it's your hard earned money we are talking about.
Many Insurance companies have guaranteed plans made to solve this particular concern of customers.
These plans offer highest NAV (Net Asset Value) which a fund achieves during a specified period. Even if Equity market falls; you are assured of least NAV which varies according to different companies. Additionally you get insurance cover and tax benefits.
Policybazaar assists you in comparing different plans as companies offer different NAV and features.Make use of the aggregator tool to simplify and understand different plans better and get the most suitable guaranteed plan.