A lot of people are still clueless about what they are buying into with life insurance, be it ULIPs or term insurance or money back/endowment plans. When buying life insurance, people hardly think more than the sum assured, premium and tenure of the policy.
Managing stock market volatility is challenging. Especially when it tanks due to unforeseen situations. What you need to ask is “Are we sticking to the plan? Has it been prepared by a competent financial planner? Yes, money invested in equities could see negative returns for some time due to the volatility as markets correct at a very rapid speed due to panic selling in a few trading sessions giving no time to exit. What are the safety measures that we could undertake to prevent capital erosion?
