HELP PLZ
1)does term insurance include an home loan insurance like an HLPP plan. ?
2)Is it advisable to go for the term plan which offers return on premium, but are 30-40% costlier than regular plans.?
term insurance is taken for protection. If you die, whatever debt you have [home loan, etc] + whatever financial need is required for your family is taken care of.
term policy is to be bought purely for protection. pure term policies are cheap.
For return on investments, there are other instruments mutual fund, equity, fd etc.