Measuring of –
Investment Returns = How many ‘times’ has the money grown over period of time.
Insurance Cover = How many ‘times’ is the risk cover on an annual premium.
A Hybrid product of “Investment + Insurance” (delivers) = (square root of the actual investment return + square root of the actual insurance cover).
A Hybrid is a Hybrid – neither an appropriate Return nor an appropriate Risk Cover
Pure Investment options for Actual Returns
Pure Insurance options for Critical Risk Covers.
Mix & Match works for dresses, not in mixing Investments & Insurance.