Regular Pay vs Limited Pay in Insurance | Money Back Policies vs Term Insurance

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  • Опубліковано 29 жов 2024

КОМЕНТАРІ • 220

  • @finance.boosan
    @finance.boosan  11 місяців тому +1

    Buy Term Plan & Get Online Discount Upto 10%👇
    tinyurl.com/3224yf8b

  • @TheLongBen
    @TheLongBen Рік тому +6

    "Time value of money" is the first lesson an investor should learn. Great job 👏 you are helping people understand this.

  • @kamaleshnellai8436
    @kamaleshnellai8436 8 місяців тому +4

    Neega solra than romba correct bro relative Investment solli nagalum same kotak la than potrukom😢 intha mathri Nala videos 5 years back yarum podala....itha parthu right choice edunga makala👍

  • @m.r.sirpaiyur1171
    @m.r.sirpaiyur1171 Рік тому +4

    I am watching so many share market related UA-cam channels but you are different from others I'm gaining knowledge from you brother continue your work, guide middle class people will become rich like this , please don't be money minded person in future bro now you are doing well 🎉

  • @cheerskannamma6280
    @cheerskannamma6280 4 місяці тому +1

    Ohhhh man the best decision I've taken in my financial journey is joining in ur community ❤ every penny worth it ...

  • @krishnamoorthisundaramoort2944

    பாமர மக்களும் புரிந்து கொள்ளக்கூடிய விழிப்புணர்வு மிக்க செய்தி. சாதரண மக்களும் இது போன்ற எளிதில் புரிந்து கொள்ளும் வகையில் தொடர்ந்து பதிவிட அன்புடன் கேட்டுக் கொள்கிறேன். நன்றி.

  • @kalaimanicse
    @kalaimanicse Рік тому +1

    Good video. Faced the same situation while taking my Term insurance last year. And I did the same calculation and escaped from their trap.

  • @randomthoughts4275
    @randomthoughts4275 Рік тому +2

    Really thought provoking , in the past i had taken this kind of endowment plan .Later i have realized and discontinued the policy.

    • @finance.boosan
      @finance.boosan  Рік тому +2

      Great that you have recognised & got out of it 👌 please share it with your friends and family if you think it'll help them :
      ua-cam.com/video/Q7yJWMlSFn4/v-deo.html

  • @SuperMaddyrox
    @SuperMaddyrox 8 місяців тому +1

    I feel that the second option (Limited pay) is also not a bad thing.
    After 10 years I won't have to pay any premium and I can invest the same in mutual fund/stock/index fund for the remaining 22 years.
    Considering a CAGR of 13% in mutual fund I will get approximately 23 lakhs.
    Rs. 1517 * 12 months * 22 years * 13% CAGR = Rs. 22.9 lakhs
    Whereas if I choose the first option I have to pay the premium of Rs.1517 along with GST till the end of policy term.
    The first option will fetch a benefit of Rs.2.2 lakhs in the first ten years.
    Rs. 900* 12 months * 10 Years* 13% CAGR = Rs. 2.2 lakhs
    But after that I will be losing the 23 lakhs return, because I am not investing in mutual funds in this case for the remaining 22 years.
    In a nutshell the second option (limited pay) gives me 1.5 crore cover and 23 lakhs return.
    Please correct me if I'm wrong.

  • @RamkumarD-x8i
    @RamkumarD-x8i 9 місяців тому

    Great brother! Became really a big fan of you.
    You have answered all the possible questions that can raise with respect to the term insurance in your play list.
    Watched all of them more than once, everytime better charities.
    Abundance of information, the best among our Tamil community mentors in this kind.
    Much much much appreciated, looking forward to see you as an icon soon.
    All the very best!

  • @arunb2938
    @arunb2938 Рік тому +1

    Great video, thanks ! I am planning for term insurance, I thought first 10 years premium was better initially, but now it's clearly showing monthly premium is right one. Thanks

  • @TamilKalanjiyamvideos
    @TamilKalanjiyamvideos Рік тому

    Hi bro excellent eye opener!!
    Pls upload a video about PLI Postal scheme.... Can we go for it?

  • @kalanithithirunavukkarasu786

    Iam seeing your Video's for couple of months, Information you're sharing is really really helpful for everyone, You're building an education system in finance. Quality of the content is really good, The way you explain, compare is impressive. Thanks for sharing your knowledge👍.. Keep sharing more knowledge with us

  • @blackfeather6230
    @blackfeather6230 Рік тому

    Very informative. Mostly everyone is suggested with bad Insurance policy as investment. Stay aware

  • @abilashn7413
    @abilashn7413 Рік тому +4

    Eye opening video.... Great brother.. keep on educating us by posting more videos ❤️

  • @karthickmohandas3259
    @karthickmohandas3259 Рік тому

    Hats off to you bro! I don't know how I have missed your channel so for, after watching one video, literally I have started watching all the other videos one by one .....very much awaited for upcoming videos!..

    • @finance.boosan
      @finance.boosan  Рік тому +1

      Welcome aboard! Thank you for positive words and support Karthick ❤️

  • @AbdulRehman-ew5fu
    @AbdulRehman-ew5fu Рік тому

    neenga upload panna videos la ye enaku romba pudicha video.. ❣ I've seen so many people falling for this insurance misselling traps. You're doing a great job educating people!👏

  • @sathishkumar-cw8iv
    @sathishkumar-cw8iv Рік тому

    Sema Calculation bro. Neenga vera Level. Thanks for your great informations. Unga content ellam romba useful ah irukku bro. Ithuvaraikkum intha alavukku yaarum ivalavu detail ah sonnathilla. Thanks Bro.

  • @xnivaxhzne
    @xnivaxhzne Рік тому +1

    Bro ❤.. 3rd youtuber I am following after Anand Srinivasan and Investment Insights in finance category. You should reach heights.

  • @ezhilarasan5593
    @ezhilarasan5593 Рік тому

    Bro.. awesome..
    Bwen hitting on many videos..
    But ur a different breed man, awesome near n simple explanation...
    U changed my perspective of investment..
    Tha ks a lot..
    I was about to go for the 10yrs to 15 yrs pension kinda schem.. u made think

  • @MrRajkumar1982
    @MrRajkumar1982 Рік тому

    Great content and awareness. I too opted for a lic policy for 21 years and almost 10 years done.They are collecting almost 10.5 lakhs as premium amount altogether for 21 years for sum assured of 10 lakhs+ bonuses which is very worst in the name of insurance policy. Health insurance alone is enough. Paying 20-30 years for a insurance policy is worst decision rather we could have invested in nifty 50 or indexes which gives better return

  • @meganathankns6375
    @meganathankns6375 Рік тому +1

    How to choose perfect term insurance video needed

    • @finance.boosan
      @finance.boosan  Рік тому +1

      How to choose a term insurance? தமிழ் - Complete guide on choosing a term insurance
      ua-cam.com/video/J5z-_z6UU6E/v-deo.html

  • @gnanababu9625
    @gnanababu9625 2 місяці тому

    Eye Opening session...

  • @clloydwalton
    @clloydwalton Рік тому

    Best video about insurance miss selling . Thanks a lot bro

  • @nikhilbank1363
    @nikhilbank1363 Рік тому

    Bro superb... Intha maari naraya informative videos podunga bro

  • @alagesancaptain
    @alagesancaptain 5 місяців тому

    Bro, really impressed your tutorials. Very helpful to me...

  • @balaakaash3349
    @balaakaash3349 Рік тому +6

    Ultimate explanation bro...👏👏 Needed suggestions for tearm and health insurance (which would be better to take)

    • @finance.boosan
      @finance.boosan  Рік тому +5

      One should have both health and term insurance, they are not alternatives to each other. Health insurance covers medical expense while term insurance covers the life .

    • @surendargethu
      @surendargethu Рік тому

      ​@@finance.boosan mass ❤

  • @sitharamm4687
    @sitharamm4687 9 місяців тому

    great bro you're explanation. I am going to take plain insurance for my family

  • @arvindramachandran9926
    @arvindramachandran9926 11 місяців тому

    You are awesome Boosan. Keep up the good work in educating us.

  • @nagarjanmani4436
    @nagarjanmani4436 2 місяці тому

    Very informative and useful

  • @SridTech
    @SridTech Рік тому

    Bro you are clearly making many people fears go away with your crystal clear explanation and suggestions on buying a suitable term insurance. I love your content. Subscribed as well.
    Further doubts - What if a person with age 25 with a term insurance upto 65 years has decided to shift to another country. How will this work out? Does he need to pay the money for the term insurance bought in India or he can stop paying?

  • @kesavaramanc3488
    @kesavaramanc3488 Рік тому

    You are the different person from other you tube Channel. Very good information giving to all

  • @Balamurugan_Selvaraj
    @Balamurugan_Selvaraj 16 днів тому

    Good information

  • @Mohandted
    @Mohandted Рік тому

    Sema bro... I'm one of the person who affected in this scam by purchased "HDFC Classic assure plus".
    Now I can't surrender my policy. If so I can't get even my paid premiums.

  • @financiallearner8321
    @financiallearner8321 Рік тому

    Romba thanks bro indhah topic pesa solli naan dhan kettu irundhan reply pannitinga

  • @sravichandranr778
    @sravichandranr778 Рік тому

    Good explanation

  • @ramamoorthyg0102
    @ramamoorthyg0102 Рік тому

    10000% worthy video😊😊

  • @dineshjayaraj4002
    @dineshjayaraj4002 Рік тому

    Really very great of you brother… I started watching today and watched many videos.. we owe you for all your life saving videos brother.. keep up the good work.. You save Us.. God save you and bless you♥️💐

    • @finance.boosan
      @finance.boosan  Рік тому +1

      Thank you so much for such positive words & support. Means a lot to me ❤️
      Please share it with anyone you think might find it useful.

    • @muthukumarthangavel7217
      @muthukumarthangavel7217 7 місяців тому

      Sharp and crystal clear content!

  • @rajmaxi9923
    @rajmaxi9923 Рік тому

    Excellent and precise explanation. Keep going, bro🙌🥳

  • @Trader.Kamalakkannan
    @Trader.Kamalakkannan Рік тому

    Very useful.. subscribed...keep posting like this...

  • @SathishKumar-dp4cd
    @SathishKumar-dp4cd 11 місяців тому

    Cristal clear explanation bro

  • @vigneshkumarsrinivasan3991
    @vigneshkumarsrinivasan3991 Рік тому

    Superb explanation bro.. Also you missed to add on more thing in that savings linked investment scheme, they always used to have some locking period/fine amount when we try to withdraw the amount in the middle duri g some emergency.

  • @paulraj4452
    @paulraj4452 Рік тому

    No one will tell this secret.
    Good job bro...

  • @parij4840
    @parij4840 Рік тому

    that is endowment plan - investment + term insurance. For me, I choose pure term insurance in tata aia insurance

  • @sathiyaraj3375
    @sathiyaraj3375 3 місяці тому

    Super sir..great explain

  • @leelaashok3296
    @leelaashok3296 Рік тому +1

    There is another one policy called pension plan. They keep a hidden word as paid out or paid up capital. Paid out is pension plan but the bank person asked u want monthly or yearly we said yearly as the sun for our investment was very low for month so that man said paid up is better for you. But we did not understand the trap. We had to invest almost 5.3 lakhs a year for 12 years and they said we will receive pension from 15th year till the end of life and an insurance money if 50 lakhs Incase if death. We paid for almost 6 years and they said that yours is paid up so you will not get pension but you will get a lump amount after death or you will get 2 crores when ur age is 99. This was done by kotak life. Please be very careful now we surendered the policy and lost more than 8 lakhs. Friends please be aware of the trap. My request is please make a detailed video of such traps too

  • @lightyagami-qv2mg
    @lightyagami-qv2mg 9 місяців тому

    Your advice is greatly appreciated thank you so much.

  • @jai-ep8iu
    @jai-ep8iu Рік тому

    Awesome bro, learnt something today! Most useful content

    • @finance.boosan
      @finance.boosan  Рік тому +1

      Glad it was helpful! Please share it with others.
      ua-cam.com/video/Q7yJWMlSFn4/v-deo.html

  • @kishokkumar619
    @kishokkumar619 10 місяців тому

    Hats off..you are simply rocking 🎉

  • @karthivijay3825
    @karthivijay3825 Рік тому

    Boosan bro.... US stock la S&P 500 and Nasdaq 100 and also compare to nifty 50 index pathi video pooduga bro.....Naa neraya youtuber patha...but neega tha clear ah explain pandriga...i will waiting for your video.... thanks

  • @hariprasath7050
    @hariprasath7050 Рік тому

    Your point correct but FD Gold Nifty 50 all are subject to volatile even in FD right now situation offering minimum 7% above all bank but maximum tenure period was 10 year but upto 5 year tenure only they provide 7% above when it cross above 5 year bank reduce their interest rate to below 7% may be small finance bank give higher rates obviously it comes under risk portfolio
    Nifty 50 is best but here also the problem comes what after 10 years if we like to withdraw investment at the time market crash means we can't able to get minimum 6% interset rate for 10y
    Gold Commodity price increase only but still not sure about the price after 10y it prices up or down but compare to other investment portfolio gold is reliable at slow rate of price increase
    Bonds offer higher yield and higher interest compare to FD suppose we bought at 8% interest rate now secure bond or Government bond for the tenure of 10 to 15 year at end of maturity date suppose Bond available above 8% interest rate means then selling the bond is difficult also at discount price it impact our principal amount even though if we get interest amount on regular basis
    My Conclusion is that you said correct in this video I'm not against your point but how many people will know to hedge their funds in volatility and crisis in economic only few of them know in reality so better like that people go with agent what they did offer initially without knowing their investment guarantee the higher interest as you said

  • @ponr6737
    @ponr6737 Рік тому

    Valuable information liked shared 🎉

  • @sureshkumar-kv9tm
    @sureshkumar-kv9tm Рік тому

    Super bro simple ah elllrukkum istanamana fd vachu example kamichu clear ah solliteenga nice sirakkattum ungal pani

    • @finance.boosan
      @finance.boosan  Рік тому +1

      Thank you Suresh, glad you liked it. Please share it with your friends & family if you think it'll help them : ua-cam.com/video/Q7yJWMlSFn4/v-deo.html

    • @sureshkumar-kv9tm
      @sureshkumar-kv9tm Рік тому

      @@finance.boosan sure bro already shared

  • @s_r_i_8194
    @s_r_i_8194 Рік тому

    Equity mutal fund sip for 3 years
    Nippon India Small Cap-G - 50.62%
    Tata Small Cap Fund Reg-IDCW - 45.75%
    Canara Robeco Small Cap Fund - 45.63%
    ICICI Pru Infrastructure-IDCW - 45.43%
    Bro ithula lam sip method la investment panalam ah..

  • @swarnalatha7767
    @swarnalatha7767 Рік тому

    Very useful message👍🙏

  • @exposeliveinnature
    @exposeliveinnature Місяць тому

    Tq bro it's very useful for my term insurance❤

  • @SaravananD-g3y
    @SaravananD-g3y 7 місяців тому

    Great Video Bro
    I learned a lot!

  • @shakemohamad6408
    @shakemohamad6408 Рік тому

    Good information brother👌👌👌👌 🙏🙏🙏🙏

  • @ravischolaris2398
    @ravischolaris2398 Рік тому

    Bro idhey mari vera ena mari la scam iruku nu video podunga bro, very useful

  • @greenhorn7189
    @greenhorn7189 Рік тому

    Keep doing. I had a great time to see. 🎉

  • @kesavaramanc3488
    @kesavaramanc3488 Рік тому

    Very useful information sir.

  • @manuchristal3394
    @manuchristal3394 Рік тому

    Thanks Brother.. Wonderful content..

  • @muthukumartvn
    @muthukumartvn Рік тому

    Very super , content rich

  • @sivasubramani9141
    @sivasubramani9141 Рік тому

    Great bro

  • @BRS-Saravanan
    @BRS-Saravanan Рік тому

    Yes...must known facts

  • @ranjithkumarkarthic8696
    @ranjithkumarkarthic8696 8 місяців тому

    Great bro❤

  • @sathiyabharathiParamasivam
    @sathiyabharathiParamasivam Рік тому

    Superb bro

  • @joespet5578
    @joespet5578 6 місяців тому

    Thank you 🙂

  • @lakshmanansakthi4869
    @lakshmanansakthi4869 Рік тому

    Nice explanation bro, can you suggest best company and plan vro

  • @ndtvist
    @ndtvist Рік тому

    Semma explanation bro 👏👏

  • @vigneshkumar2553
    @vigneshkumar2553 Рік тому

    மிக்க நன்றி

  • @anbumano6688
    @anbumano6688 Рік тому

    Vera level bro neenga

  • @prabhuprabha1384
    @prabhuprabha1384 Рік тому

    அருமையான பதிவு ஐயா

  • @gururider8185
    @gururider8185 Рік тому

    Super bro thanks for information

  • @DharshanMS
    @DharshanMS 4 місяці тому

    What about Income tax? FD would have attracted 30% IT on returns, whereas in Insurance+Investment, it is 0% on returns.

  • @akashmaharaniganesan5402
    @akashmaharaniganesan5402 Рік тому

    Very useful information bro thank you so much

  • @manidictionary3449
    @manidictionary3449 11 місяців тому

    Thank you bro

  • @bharathkumar8408
    @bharathkumar8408 Рік тому

    Very informative bro👌

  • @ravi74kumar
    @ravi74kumar Рік тому

    Bro, the one which you have shown in the video is a Tax saving Insurance right?
    If it is so, we can claim that in 80C, when we compare that with the FD we can't claim FDs below 5L. And also, the outcome of that Tax savings insurance is tax free under 10D (I guess). On the ohter side the FDs interest amount is taxable.
    And major point is, we hardly get FD interest rate as 7+. But in that tax saving insurance 7+ is normal.
    Please clarify if anything wrong in my analysis bro.

  • @dhruvlabs
    @dhruvlabs 11 місяців тому

    There is one doubt, bro. If someone pays a premium for only 10 years, he can invest the premium into Nifty 50 or index or RD for the remaining years, so in that case, he may be benefited, since it appears that part of the premium is not calculated. In addition, he does not have to worry about term insurance or GST. Please correct me if I am wrong.

  • @Mr_Sylance
    @Mr_Sylance Рік тому +1

    Charges ah vitutinga bro. Premium Allocation Charge, Policy Administration Charge, Mortality Charges, etc etc

  • @geethalakshmi6403
    @geethalakshmi6403 Рік тому

    Hi bro one doubt... What is brokerage charge in buying and selling stocks... I personally use groww app... If we buy stocks in large quantities I think they charge more amount in buying stocks than selling stocks... Can you clear my doubt please...
    Thanks in advance...

  • @mechonz
    @mechonz Рік тому

    I have watched all your videos please clear this.......
    If I investing in index fund some amount every month for 20 years, after 20 years if I withdraw something about like two crores ,what will be the tax for that two crores
    If 20% means 40 lakhs????????!!!!!!!!

    • @finance.boosan
      @finance.boosan  Рік тому

      Long term'க்கு எவ்ளோ TAX? FAQ - Part 1
      ua-cam.com/users/shortsHXklxwbL9ic?feature=share

  • @dharanetharanraju7293
    @dharanetharanraju7293 7 місяців тому

    Is FD explained here is for 1 year each? So we should put FD every year for 15 years?

  • @bijustephen5610
    @bijustephen5610 Рік тому

    Good one bro ❤

  • @deepakraju8649
    @deepakraju8649 Рік тому

    Bro i have recently started following your channel your videos n content are crisp and crystal clear for a beginner like me. Can you please talk about REIT.

  • @veeragopi
    @veeragopi Рік тому

    Superb information Mr.boosan thanks for your information

    • @finance.boosan
      @finance.boosan  Рік тому

      Thank you, Glad you liked it. Please share it with your friends & family if you think it'll help them : ua-cam.com/video/Q7yJWMlSFn4/v-deo.html

    • @veeragopi
      @veeragopi Рік тому

      @@finance.boosan ok sure

  • @sadhamussain9960
    @sadhamussain9960 Рік тому +1

    Bluechip karar ipdi than yennaya yemathitan bro. Naa mutual funds pathi details keten. Avan ennaya ICICI prudential life la korthu vittutan. Athula 3 years ah yearly 48k ta kattinen. Ippo atha continue pannalama venama bro....
    Ipdiye vittuta yenna aagum. Close panna mudiyuma

  • @saisiva8944
    @saisiva8944 Рік тому

    U are the best 🙏❤

  • @DomnicSaviyo
    @DomnicSaviyo 6 місяців тому

    Super bro ..

  • @manishganesan3257
    @manishganesan3257 Рік тому

    How to select best insurance?

  • @harikrishnan-fd7qb
    @harikrishnan-fd7qb Рік тому

    Very good video

  • @gokul.kalaiarasan6474
    @gokul.kalaiarasan6474 10 місяців тому

    Hi bro there will be variation in FD intrest rates at what ROI u calculated it??

  • @VijayRaj-fq9js
    @VijayRaj-fq9js 9 місяців тому

    Time is Gold
    Time > Money

  • @sricharan8275
    @sricharan8275 Рік тому

    Can I able to cancel this insurance policy( 2nd policy) if one premium is paid ?

  • @vedhamoorthisundaram1549
    @vedhamoorthisundaram1549 Рік тому

    Hi boosan , health insurance pathi oru video podunga

  • @arunrajaraman3946
    @arunrajaraman3946 Рік тому

    Great bro thank you so much

  • @novajohn704
    @novajohn704 Рік тому

    pure vennila and limited pay term 10 yrs will suite for pvt comp employees... they dont predict furute income

  • @velukarthicks
    @velukarthicks Рік тому

    super brother 🎉

  • @gunasekaran8984
    @gunasekaran8984 Рік тому

    Good content almost fell for it.