Apr 27, 2021, 17:11 PM IST
New Delhi: The COVID-19 pandemic has once again highlighted the need to have a regular investment and the importance of insurance.
In the aftermath of the COVID-19 crisis, the demand for insurance has also been on the rise. In a bid to tap on this changing trend, mutual fund houses have also changed the strategy to attract investors by offering the benefit of free insurance cover to those who start a new Systematic Investment Plan (SIP), a Live Hindustan report said.
Some select mutual fund houses of the country have started offering free insurance cover with SIP while the prominent among them include ICICI Pru. Mutual funds SIP Plus, Nippon India Mutual Fund, SIP Insurance and Aditya Birla Sunlife Century SIP. Investors who are investing with these SIP plans can get insurance cover without undergoing any medical examination.