In 2024, several life insurance policies provide a blend of protection and high returns. Unit Linked Insurance Plans (ULIPs) are popular for their dual benefits of life cover and investment, with the potential for high returns linked to market performance. Endowment Plans also offer a mix of protection and savings, providing a lump sum at the end of the policy term or in case of death. Money-back Policies ensure regular payouts during the policy term, alongside life cover. Term Life Insurance plans, though focused primarily on providing high protection at affordable premiums, can also include riders for added benefits, offering substantial coverage for a nominal premium. Additionally, Whole Life Insurance Policies continue to be a preferred choice for long-term financial security, with lifelong coverage and guaranteed returns after a set period.