Sebi mulls combo product of term life insurance, mutual funds for investors

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Sebi mulls combo product of term life insurance, mutual funds for investors - Business Standard

Quick Summary:

Capital markets regulator Sebi is planning to come out with a new combo product under which mutual funds can pair investments with life insurance, its chief Madhabi Puri Buch said on Friday.

Sebi is working on a new product under which investors will have an option to pair mutual fund investments with life insurance.

The product is central to the regulator's mission of expanding financial access, especially in underserved areas.