Zero-Cost Term Insurance Plans – Are They Really Free?

 

Zero cost term insurance is a type of term insurance in India where you pay a premium for a few years, and if you survive the policy term (means you don't die), then your full premium money is returned to you.

So it looks like you are getting insurance for free, because at the end you get your money back.

But the truth is, it is not really free. Insurance companies are still taking your money, investing it, and giving you back after 20-30 years. You don’t get any interest or bonus like other investment options.

https://financialalerts.info/zero-cost-term-insurance-real-or-fake/