Many insurance products such as child plans and pension plans can take on the flavor of investments based on your objective of buying them. You may therefore want to compare the payouts to other investment products in the market, or even compare between insurance plans.

However, not only can the premiums vary, but also the amount, frequency, the start, and duration of payouts can all differ.

Let us see how we can compare insurance plans and their payouts.

Read the full article published originally on Financial Express: Life insurance: How to calculate returns on insurance policies