FD vs. Life Insurance: Not a Direct Comparison

Aman9023 Jan, 2025Games

When it comes to managing your finances, two common options often come up: Fixed Deposits (FDs) and Life Insurance. While both involve putting money aside, they serve fundamentally different purposes. This blog post will clarify the distinctions between FDs and Life Insurance, helping you understand when each is appropriate and why they shouldn't be considered direct substitutes.