Is it best to go for pure term policy or go for endowment policy?

[haneetS]

I have taken home loan of Rs. 45,00,000 for two houses. I want to know which policy is the best to cover the risk of repayment. Also, is it best to go for pure term policy and look for other investment options or go for endowment policy? Just for your info - I am the only earning member and have two children - (Boy and Girl) below 10 years.

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[v.r.s.nathan]

The best decision to take on this is after taking other liabilities and other personal commitments. So please discuss with your investment advisor. I would personally go with term insurance.