Insurance can be used as an investment tool

While plain vanilla [term insurance](http://www.myinsuranceclub.com/life-insurance/term-insurance) is the best for providing maximum amount of cover, there are insurance plans which can be taken to take care of your**investments** also. Some part of the annual premium paid by you will be directed towards the markets and some part of the premium will provide death cover. So your money grows and in the ling term it can provide healthy returns.