Manoj Aswani, CEO of MyInsuranceClub.com answers queries on CNBC Awaaz show Your Money Kapil from Gujarat asks: Wants to buy a term plan. His agent had advised him to take one from Kotak Life Insurance Company. How is their preferred term plan? Should I continue wthe Jeevan Anand plan and move to a mutual fund? [...]

Life insurance can be of two types-whole life insurance and term life insurance. As the name suggests, whole life insurance covers the whole life, as long as the policy is held and is beneficial only on the demise of the policy holder. Obviously, the benefits of whole life policy depend upon the value of the [...]

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