A person named as chintamani has lots of dependants in his family .and he was the only source of earning in his family. So his income was not enough for his family and he was looking for some extra earning . At that time he thought about investment and which should give a high return also. But as he also wants to secure his life because if anything happens to him who will take care of his family. At that time he thinks about his life insurance and plus mutual fund for the investment. But he saw the charges and the premiums will be high if he invest for a long term in this way . At last he got a new product in the market that is ULIP(unit linked insurance plan) which give insurance plus investment with high commission comparing to other product available in the market. When he listen about this product and became very happy and removed CHINTA from his name and keep only MANI.
Posted By- JANAKI CHOUDHURY
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