I got all this shit on YouTube….so not naming the channels…look for personal finance, mutual funds, life insurance, term plans…I will not name friends 🙂

If you can invest for 10 years…ULIP is a product better than mutual funds

My take: I have ulips where I have made money. However I bought it long ago in a fund with 0.8% amc. A great fund manager…then a bad fund manager. I topped up (now you cannot). ULIP is decent or even half decent for about .001% of the population which knows how to buy a ULIP.

Endowment Insurance plans: Compares well for high tax payer

Bullshit, complete bullshit. They talked about 30% tax on FD. God these guys have not heard of capital gains?

there are good traditional plans offering 6% post tax return. Aww…I would love to see them for a long time.. absolute shit..

Lic policies, Birla Secure plus, tata smart income plus, Exide…….NO I AM NOT RECOMMENDING…just saying that these were the products reported.

SO ULIPS are now nice products…in which people should invest. So for a 10 year period …Rs. 1L each year….

Insurance: mortality charge, premium allocation, fund management charge, policy admin charges….etc. are charged.

they kept talking of 2.6% for a mutual fund. Hey, you have not heard of direct plans, right?

Ulip is not good for people above 45 years of age….

amc charges of Ulip are lower.

ULIP fund managers outperform Mutual fund managers. Awesome statement, obviously no numbers shown.

Ha. Term insurance is an old product. Now you get a Term Insurance…with Return of Premium. Lol.

Term insurance is bought for risk cover. If you get a new Term insurance which is cheaper you can throw this out….but that cannot happen for a ‘return of premium plan’.

You should buy low cost ulip…..Lol…