People still think term plan is wastage of money as at the end of term they are not getting anything back. So they think their premiums have been wasted.

Even if some agree many prefer Term Insurance with return of premium option.

Thinking that they can will get back at least the premium amount which they have paid so far at the end of the term.

But they fail to understand that they will earn ZERO interest on these premiums in policy term as well as the purchasing value of that money will be going drastically down over these years.

Instead of buy a plain vanila term insurance plan and that excess premium invest in the mutual funds for long term wealth creation.