AVOID ULIP's and Fixed Income plans(max 6% returns per annum), better alternatives are available. (Mutualfunds+Term insurance) instead of ULIP's and debt funds or hybrid funds instead of fixed income plans. I don't understand how can they sell these ghatiya products to anyone, sharam maar ke sab khaa chuke hain ye log. They give 35-40% commission to the agents to sell these products, 35% agent le jayega to growth kahan hoga paise ka and on top of that, agar policy ko poora nahi kiya to 6% bhi nahi milta, SHAMEFUL. Anupam sir, I am a huge fan of yours, PLEASE AVOID inviting these type of agents 🙏
As he explained Indians care more about return of capital instead of return on capital. As long as people have this mentality, these kinds of daytime robbery will continue to exist!!!
@arjunr6336 Yes, but, as a advisor, it's their duty to explain this to people, wo ye log nahi karte, ulta dara dete hain ki share market doob jayega and all. Inse pucho ki aajtak kitne equity mutual funds doobe hain to bolti band ho jaati hai inki. They are leeches, feeding on the fear of a common man.
AVOID ULIP's and Fixed Income plans(max 6% returns per annum), better alternatives are available.
(Mutualfunds+Term insurance) instead of ULIP's and debt funds or hybrid funds instead of fixed income plans.
I don't understand how can they sell these ghatiya products to anyone, sharam maar ke sab khaa chuke hain ye log.
They give 35-40% commission to the agents to sell these products, 35% agent le jayega to growth kahan hoga paise ka and on top of that, agar policy ko poora nahi kiya to 6% bhi nahi milta, SHAMEFUL.
Anupam sir, I am a huge fan of yours, PLEASE AVOID inviting these type of agents 🙏
As he explained Indians care more about return of capital instead of return on capital. As long as people have this mentality, these kinds of daytime robbery will continue to exist!!!
@arjunr6336 Yes, but, as a advisor, it's their duty to explain this to people, wo ye log nahi karte, ulta dara dete hain ki share market doob jayega and all.
Inse pucho ki aajtak kitne equity mutual funds doobe hain to bolti band ho jaati hai inki.
They are leeches, feeding on the fear of a common man.
ULIPS are definitely have cost involved but over 10 years they give better returns than in the first 5 year lock in period