The index-linked insurance plan is one of those insurance products wherein the returns are linked to the benchmark indices such ten-year equity indices, for instance, Nifty or Sensex and the government bonds.
source https://economictimes.indiatimes.com/industry/banking/finance/insure/irdai-working-group-wants-index-linked-insurance-to-make-a-comeback-eight-years-after-being-banned-in-india/articleshow/80753485.cms
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