The policyholder has to choose the investment type. These investment types include Equity, debt or mix of both. The policyholder has to analyse the risk he can handle can choose the investment option accordingly. In genral equity is known for high risk, debt is known for low risk and hybrid is a mix of both.
Investment goals should be set before signing the policy as traditional policy has different customisation. The policyholder must decide the interval of returns that he is expecting form the policy. This should be decided before it could disturb the investors future financial decisions.
Life cover has huge impact on the premium paid by the investor every month. The investor has to decide the life cover as he shouldn’t face the situation of defaulting the premium payment. The life cover should also be chosen in a way that it could support the family’s financial needs.