by Ajay Shah | Oct 16, 2020 | Insurance
In the previous article, ULIP in India: A Good Concept or SCAM? (Part 1), we all understood how ULIP & various other traditional insurance plans became popular in India. Which directed us towards a question “What’s wrong with ULIP?” or “If ULIP was a good...
by Ajay Shah | Oct 13, 2020 | Insurance
Unit linked insurance plans (ULIPs) & Money-back plans are very popular in India, knowingly or unknowingly most of us have invested our hard-earned money in these financial products. They appear to be highly beneficial & simple for an investor. Today, through...
by Ajay Shah | Jun 25, 2020 | Insurance
Endowment & Moneyback policy are hybrid insurance product which also provides saving opportunity along with risk-cover to the insured or policy holder. It is also known as NON-ULIP plan or traditional life insurance plans.An endowment policy is a...
by Ajay Shah | Jun 24, 2020 | Insurance
Mr. Rahul, had invested in endowment plans, which he believed was sufficient enough to provide optimal insurance cover and a yield an investment return. He was paying a premium of ₹52,392 every year for an endowment policy having a sum assured of ₹15 lakh. The policy...
