Expert: Separate Insurance and Investments for Better Results

Some people mix insurance and investment, thinking they're the same thing.

However, they're very different!

Insurance protects your family if something happens to you, while investments help you save for the future.

Hybrid products like ULIPs often don't do either job well.

Experts say, use insurance like term insurance for protection and investments like mutual funds for growth.

Keep them separate for a better financial plan.