elise primarily markets insurance products that aren't particularly lucrative. Effectively, a small chunk of it will be set aside to offer you death cover and decent pay out in case you do die. The remaining funds are invested across stocks and bonds,. In this case, death isn't a necessary condition for the policy holder to gain from this arrangement. They will still get some money back after the policy expires.
In today's episode for 19th February 2022, we take a quick look at the LIC IPO