True that very few people are aware of Term plan .. thanks for bringing it up .. I opted for same Hdfc 5 years back but I realize now that chose bit less insured amount .. and now after 5 years the same amount is costing me more than double premium ☹️ .. so as you mentioned its important to take term plan as early in your age and of good coverage rather than saving premium
I'm in my mid 20s; I was striving to own a house and invest in buying a house so desperately with my salary. I'm fortunate that I bumped into the buy or rent house video and enlighten me. Thanks a ton and I feel privileged to be able to understand the pros and cons.
Recently came across your videos and after watching 4-5 videos of yours, I have to say this, Take any name of motivational speakers or mentors or teachers, You are the best I have ever seen. You just share your knowledge and experience like an open book. Thanks for providing knowledge, informal videos, and much more important that is your experience. Please Never stop doing this. Thank you, sir.
My dad passed away when I was a kid... I am earning now... works in IT.. I really loved ur suggestion kyuki mujhe suggestion dene wala koi nhi hai... it really helped me... I wish all your videos help me to get suggestions for betterment of my finances
I am currently in USA, and have a job, now I am thinking of buying an insurance in India after watching your video. You are a great mentor. Thank you for everything you do.
The best thing about this is that you tell us what to do . Not like others who just keep a host of options in front of us and confuse us even more 😋 . Thank you!!!
After watching your video I am buying term plan life insurance for 20 years and when I calculate all my yearly premium amount, it is going to be equal amount with covered amount. Now my age is 30 years.
What I like about you is you are very transparent about your investment and insurance.I follow many financial influencers but this is what it makes you different.❤️❤️
Life insurance means Term plan only. I get my Term plan premium easily from yearly PPF Interest which is virtual but it's mine. It's not good to mix insurance n investment together. Term insurance lete waqt bhai log paise bachane ke chakkar mein wrong information like smoking, alchol etc usage na chupaye becoz your smartness will cost your family to suffer in your absence. I appreciate sir for educating all of us... I like your ways of teaching n knowledge sharing...
Bahut hi jankari se bharpur videos hote ankur ji apki....mein apse request karna chahunga ki aap please ek series banaye investment ko lekar kyonki corona ne sabko ek sabak de diya ki apke paas aapatkaal ke liye bachat kitni jaruri. Thank again for this value-packed video.
wow!!! i'm really mindblown of how you broke down the details about endowment plan and instead of taking one, i can invest that amount in stocks and equities. i'm 21 right now, and i'm following your ideas, i can't say how much of a lifesaving guy you're gonna be to me when i start my work life, and thank you so much for that, sir. :)
Good explanation in simple language & proper calculation. I wish bank managers could explain these concepts as simple as you did. Instead of convincing us, they confuse us with jargons.
Sir cant tell you how much we appreciate these videos. YOU ARE THE MENTOR we never had, full of knowledge and wisdom.only the highest respect and gratitude for what you're providing.
Bhai your way of conveying is so good I can't tell you in words. It's simple and crisp. Thanks for sharing. I hope you start spreading this info to everyone whether it's Defence, students, even the low income people because we should help every Indian become financially literate.
I am just going gaga with all your videos...binge watched all your videos in last one week. It's like hitting a jackpot.... Keep up the good work.Much love. Would love to catch up with you and have you as a mentor ❤️
Life insurance is the most important thing. If someone thinks that it is a thing for bad times, then: Wearing a helmet while riding a 2 wheeler, Putting on a seat belt in a 4 wheeler, also a buri cheez. We wear it for protection not a negative thinking as Ankur Warikoo has just told. 👍👍
Ankur the way you have explained in such a lucid manner, I mean hats off. Considering the fact that you are taking time off your busy schedule to make videos on such basic but pertinent issues and educating the masses, great !! Bdw huge fan :)
Thank you so much sir!! You are like an elder brother who guides us everything about our life and money. Such a great video. What you said is absolutely correct. My colleague who is just 26 expired during her delivery who didn’t take any term insurance policy. Except job she didn’t have any other sources of income. She was a single parent with a girl child. Unfortunately none of her relatives were ready to adopt the girl child and we all had to join her child in an orphanage. In the other case, recently my neighbour expired who took a term insurance policy and his family will get a lump sum amount from the insurance company itseems. His wife is really thankful for his single deed of taking a term insurance because at that point of time since she is not educated and her kids were still studying, that money means a lot to her family. Then I understood the importance of a term insurance and that’s the reason I came across this video. Such a great video which is essential especially during this pandemic because we are witnessing so many young people’s death. Thank you so much for sharing valuable information in such a way that even a layman can easily understand. 🙏🏻🙏🏻
Usually, term insurances determine the ceiling of your insurance cover based on the current salary. That's why I took an insurance at 24 years and had to take another after 8 years.
@@prajwalbekal6654 your insurance sum assured is dependent on your annual income. When you just start earning, since your salary is low, you get a lower sum assured. That's why you need to buy another policy after your income increases.
@@warikoo yes Sir It helped me a lot., I'm just 18 years and 8 days old., and I realised on time that Saving and Investment is best option to secure your tomorrow and sath hi sath I got to know about insurance so First I'm planning to take a Medical insurance and then next month term plan for next 50 years ( totally for 68) and then some amount I'll Invest in Mutual fund.. I'm working on a Influencer program and Earning 4-5k per month.... Please guide me sir if I'm right or wrong because your experience is an Another option for me 🙏..
@@warikoo This video answered all my queries I had in the investment video. Thank you so much. Your content is adding so much value to our lives, can’t thank enough! Keep up the great job.
Hey Mr. Warikoo, Thank you so much for explaining this. I am a 22 year old medical student and I always wonder how to utilise LinkedIn for my career. I believe LinkedIn is a very good place to connect but I personally have no idea or strategy to use LinkedIn. Can you make a video on how to optimally use LinkedIn? Thanks again, I have officially watched all your past videos and I have learnt a lot.
Thank you so much Ankur for this gem of a video. Pretty informative and more importantly, it gave me that perspective that I could invest that remaining 8,000 myself and possibly generate a much higher return than what endowment plan offers.
Sir, I must say your explanation is so clear and concise... such clarity of thought and speech...hats off...recently attended Take charge of your Time session... mind blowing... recommend everyone who is reading this comment to attend Ankur Sirs Take Charge of your Time session... It will be worth every single penny you pay for this session...
This video shows up just when I was searching about LIC plans and couldn't understand what was written on their website. Thank you for taking out your time and making these videos.😄
namit bro, try "MY MONEY UNIVERSE youtube channel. they even show their full stock portfolio and all buying/selling in it. all free youtube videos. its helping me a lot. might help you too!
I get that you changed your video style to include more Hindi because that helps the algorithm, and it's obviously worked; but I miss the English videos because you really are a great orator 😅
The way you teach us every topic with such composure is very appreciable sir And I'm very grateful to you for making videos on such topics which help us throughout our lifetime Kudos to you sir..😊🙌🏻❤
Sir your video is always the most comprehensive video on the net on any topic ..and your content is also very practical and yet so in very simple and plain language ❤️
Hello sir....I started watching financial litracy videos very late.....I realised insurance importance very late still at 42 I took term plan with great difficulty from compny and that too on high premium rate....but I still took it.....started investing in stocks ......rectifying my mistakes.......thanks that I have very good earnings and big back up of parental inheritance but I felt if I had financial litracy earlier I wd have done better
Watched your video for the first time and subscribed to the channel and shared your video with my friend within first 10 minutes...Your style of explaining things is quite impressive 👍😃
Hi Ankur, one point which I feel could be added to this -- (a) No LTCG tax on ULIP which makes it attractive (b) ulips also serve as a term plan since the coverage is 10x of premium or maturity amount (whichever is higher)
hello sir can u plz tell me the name of the ulip plan..?? NO LTCG tax bcoz actually they giving low returns. term insurance give u more than 10x on ur total investment.
For a young adult, ( do we really call 18y/o an adult ?) like me you are such a great source of knowledge and experience. You teach a lot of things which these colleges or school won't ever talk about but these things are most crucial in one's life. Thanks a lot :)
A very detailed and well researched video sir. Thankyou for this. I wish to get a life insurance for myself so can you please make a video on settlement ratio and different consideration that are needed to be taken before buying a life insurance.
Ankur....your content is so honest and love the transparency with which you share information with us. Respect for you man and wish you all things wonderful. You are a force!
Hello Sir I'm 30 and thanks to you I have finally come to realise what I should do.. the clarity to such important factors in life..! I have certain questions sir and if there is any way I can please connect with you, I'll be greatful if that's possible.
All because of you better late than never I bought a term plan , and could see how I can do better financial planning...... Discovered about you last week and all the videos have been really helpful. Thank you so much
Home loan par bhi term insurance hota hai. Agar apka 20 saal ka home loan hai toh win win hai.. Aur if you die in that period your family will get the home which they can sell or rent. And if you don't die in that time you can still sell it after 20 years. Also there are government subsidies and tax benefits on home loan..
And what about the exceptions which come with the add ons in a term plan. There are ifs and buts in add ons. Also which sort of death is covered in a term plan? As death can be through various reasons. Are there any terms and conditions that is there on the bond paper? Plz let us know
Investment vs Insurance Hello sir, following u for last few months. Got to learn aa lott. Why would I not invest for 40 yrs rather than insurance. I mean which is better?
True that very few people are aware of Term plan .. thanks for bringing it up .. I opted for same Hdfc 5 years back but I realize now that chose bit less insured amount .. and now after 5 years the same amount is costing me more than double premium ☹️ .. so as you mentioned its important to take term plan as early in your age and of good coverage rather than saving premium
Exactly!!
@@warikoo part 2 banayiye .settlement ratio ku6 keh rahe the
"It was a bit less coverage"
Thats okay
But can't we top-up our coverage ?
@@alexmercer5870 No, we can't top up. At least that's what Hdfc told me. Will have to take a new one.
@@aswathkishan9659 thnks bro! subscribed!
This dude starts appearing in ads for insurances people are gonna buy them like crazy. He's got a likeable personality
I'm in my mid 20s; I was striving to own a house and invest in buying a house so desperately with my salary. I'm fortunate that I bumped into the buy or rent house video and enlighten me. Thanks a ton and I feel privileged to be able to understand the pros and cons.
Thank you Warikoo Sir.
Now I am 19 so I am getting more educated financially. So that the same thing do not happen to me that happened with my elders.
Avi taq LIC naam e sunta tha ..aaj clearity mila... Thank u sir...
Every video of yours is making me one step ahead towards achieving my goal.... Thank you very much MENTOR🙏👍
Thank you so much :)
Term Plan When u opt from Life insurance corporation of India:-
-- It costs u around just 10K per month For 10 Crore at the age of 30 For 20 year....
@@warikoo Hey , could you please confirm which company you got your life insurance from or which do you strongly recommend ?
Recently came across your videos and after watching 4-5 videos of yours, I have to say this, Take any name of motivational speakers or mentors or teachers, You are the best I have ever seen. You just share your knowledge and experience like an open book.
Thanks for providing knowledge, informal videos, and much more important that is your experience. Please Never stop doing this.
Thank you, sir.
My dad passed away when I was a kid... I am earning now... works in IT.. I really loved ur suggestion kyuki mujhe suggestion dene wala koi nhi hai... it really helped me... I wish all your videos help me to get suggestions for betterment of my finances
Must take a term plan. Contact me
I am currently in USA, and have a job, now I am thinking of buying an insurance in India after watching your video. You are a great mentor. Thank you for everything you do.
The best thing about this is that you tell us what to do . Not like others who just keep a host of options in front of us and confuse us even more 😋 . Thank you!!!
This is the place for all teens to learn their finance(Im 16).Thanks a lot Ankur
After watching your video I am buying term plan life insurance for 20 years and when I calculate all my yearly premium amount, it is going to be equal amount with covered amount. Now my age is 30 years.
What I like about you is you are very transparent about your investment and insurance.I follow many financial influencers but this is what it makes you different.❤️❤️
Life insurance means Term plan only. I get my Term plan premium easily from yearly PPF Interest which is virtual but it's mine. It's not good to mix insurance n investment together.
Term insurance lete waqt bhai log paise bachane ke chakkar mein wrong information like smoking, alchol etc usage na chupaye becoz your smartness will cost your family to suffer in your absence.
I appreciate sir for educating all of us... I like your ways of teaching n knowledge sharing...
I found my mentor n I am so proud of my choice I got one so damn honest n knowledgeable 😍😍 ... Keep growing Ankur sir!!
Bahut hi jankari se bharpur videos hote ankur ji apki....mein apse request karna chahunga ki aap please ek series banaye investment ko lekar kyonki corona ne sabko ek sabak de diya ki apke paas aapatkaal ke liye bachat kitni jaruri.
Thank again for this value-packed video.
wow!!! i'm really mindblown of how you broke down the details about endowment plan and instead of taking one, i can invest that amount in stocks and equities. i'm 21 right now, and i'm following your ideas, i can't say how much of a lifesaving guy you're gonna be to me when i start my work life, and thank you so much for that, sir. :)
*Despite the economic crisis, this is Still a good time to invest in stock and Crypto,*
The rich spend less and invest more
Investing in these economic crisis will be one of the best thing to do,
You're right I think stock and Crypto are the best to invest right now,.☺️
As stock's are good but crypto is better.,
I wanted to trade crypto but got confused by the fluctuation in price.,
Best part 15:30..this has changed my thinking process
Good explanation in simple language & proper calculation. I wish bank managers could explain these concepts as simple as you did. Instead of convincing us, they confuse us with jargons.
Hi Ankur,
Very well researched video. I am a Finance PhD student and I must say, I learnt something from this video. Thank you :)
Sir cant tell you how much we appreciate these videos. YOU ARE THE MENTOR we never had, full of knowledge and wisdom.only the highest respect and gratitude for what you're providing.
I was looking for these answers for long time seriously but couldn't find till i reached this channel.. Thx Seriously!
Timing of video is Jabardast...as we are near to IT return filling date...
Aap konse assesse ho?
Haha
Term Plan When u opt from Life insurance corporation of India:-
-- It costs u around just 10K per month For 10 Crore at the age of 30 For 20 year....
Bhai your way of conveying is so good I can't tell you in words. It's simple and crisp. Thanks for sharing. I hope you start spreading this info to everyone whether it's Defence, students, even the low income people because we should help every Indian become financially literate.
15:30 to 16:00 best part of the video
I'm in my 20's ...surely gonna take one 🙌
Thanks Sir 🙏
I am just going gaga with all your videos...binge watched all your videos in last one week. It's like hitting a jackpot....
Keep up the good work.Much love.
Would love to catch up with you and have you as a mentor ❤️
Life insurance is the most important thing.
If someone thinks that it is a thing for bad times, then:
Wearing a helmet while riding a 2 wheeler,
Putting on a seat belt in a 4 wheeler, also a buri cheez.
We wear it for protection not a negative thinking as Ankur Warikoo has just told. 👍👍
Sir you are the best financial teacher I have ever heard till date, who explains in as basic terms as it can be.
curious to know what have you thought of doing after 50 when your term plan ends ?
Ankur seems the type of cool bosses. :)
We really need a guys like him to guide our youth,
TQ for efforts and knowledge sir🙏
Ankur the way you have explained in such a lucid manner, I mean hats off. Considering the fact that you are taking time off your busy schedule to make videos on such basic but pertinent issues and educating the masses, great !! Bdw huge fan :)
Thanks a lot :)
Term Plan When u opt from Life insurance corporation of India:-
-- It costs u around just 10K per month For 10 Crore at the age of 30 For 20 year....
Thank you so much sir!! You are like an elder brother who guides us everything about our life and money. Such a great video. What you said is absolutely correct. My colleague who is just 26 expired during her delivery who didn’t take any term insurance policy. Except job she didn’t have any other sources of income. She was a single parent with a girl child. Unfortunately none of her relatives were ready to adopt the girl child and we all had to join her child in an orphanage. In the other case, recently my neighbour expired who took a term insurance policy and his family will get a lump sum amount from the insurance company itseems. His wife is really thankful for his single deed of taking a term insurance because at that point of time since she is not educated and her kids were still studying, that money means a lot to her family. Then I understood the importance of a term insurance and that’s the reason I came across this video. Such a great video which is essential especially during this pandemic because we are witnessing so many young people’s death. Thank you so much for sharing valuable information in such a way that even a layman can easily understand. 🙏🏻🙏🏻
Usually, term insurances determine the ceiling of your insurance cover based on the current salary. That's why I took an insurance at 24 years and had to take another after 8 years.
I dint get you. Could you explain it again ?
@@prajwalbekal6654 your insurance sum assured is dependent on your annual income. When you just start earning, since your salary is low, you get a lower sum assured. That's why you need to buy another policy after your income increases.
@@sourabh988 thank you:)
I'm really waiting for this because today is Tuesday ❤️
Hope this helps ☺️
@@warikoo yes Sir It helped me a lot.,
I'm just 18 years and 8 days old., and I realised on time that Saving and Investment is best option to secure your tomorrow and sath hi sath I got to know about insurance so First I'm planning to take a Medical insurance and then next month term plan for next 50 years ( totally for 68) and then some amount I'll Invest in Mutual fund.. I'm working on a Influencer program and Earning 4-5k per month....
Please guide me sir if I'm right or wrong because your experience is an Another option for me 🙏..
@@warikoo This video answered all my queries I had in the investment video.
Thank you so much.
Your content is adding so much value to our lives, can’t thank enough!
Keep up the great job.
@@Aman_Krishnavanshi great going brother 😊👍
Term Plan When u opt from Life insurance corporation of India:-
-- It costs u around just 10K per month For 10 Crore at the age of 30 For 20 year....
I really like the kind of topic you choose and the way you explain...excellent 💯
Hey Mr. Warikoo,
Thank you so much for explaining this. I am a 22 year old medical student and I always wonder how to utilise LinkedIn for my career.
I believe LinkedIn is a very good place to connect but I personally have no idea or strategy to use LinkedIn.
Can you make a video on how to optimally use LinkedIn?
Thanks again, I have officially watched all your past videos and I have learnt a lot.
Thanks Ankur!!! You have motivated me to take a term insurance plan...Kudos to your videos...Big fan!!!
Amazingly explained. Thanks Ankur Ji.
Thank you so much Ankur for this gem of a video.
Pretty informative and more importantly, it gave me that perspective that I could invest that remaining 8,000 myself and possibly generate a much higher return than what endowment plan offers.
Extremely informative video sir. For people who have no guidance available in their personal circle, these seem Godsend. Thank you so much 🙏.
Sir, I must say your explanation is so clear and concise... such clarity of thought and speech...hats off...recently attended Take charge of your Time session... mind blowing... recommend everyone who is reading this comment to attend Ankur Sirs Take Charge of your Time session... It will be worth every single penny you pay for this session...
This video shows up just when I was searching about LIC plans and couldn't understand what was written on their website. Thank you for taking out your time and making these videos.😄
What kind of plan are you looking for?
namit bro, try "MY MONEY UNIVERSE youtube channel. they even show their full stock portfolio and all buying/selling in it. all free youtube videos. its helping me a lot. might help you too!
Term Plan When u opt from Life insurance corporation of India:-
-- It costs u around just 10K per month For 10 Crore at the age of 30 For 20 year....
Keep Posting contents like this Sir... So much information u provide in every video u post... ThankYou so much Sir 🙏🙏
I get that you changed your video style to include more Hindi because that helps the algorithm, and it's obviously worked; but I miss the English videos because you really are a great orator 😅
The way you teach us every topic with such composure is very appreciable sir
And I'm very grateful to you for making videos on such topics which help us throughout our lifetime
Kudos to you sir..😊🙌🏻❤
Thanks for this million dollar advice!
We must always not mix things. Insurance is for safety and peace and not an returns generating instrument.
Crisp yet clear understanding. Thanks god bless you
You explain so nicely
Total clearity got from this video
Sir your video is always the most comprehensive video on the net on any topic ..and your content is also very practical and yet so in very simple and plain language ❤️
This video got 22 min and you didn't get dislikes it means your Audience is enough sensible. Congratulations Ankur 😉
MOST SIMPLEST EXPALNATION I HAVE EVER SEEN :)
Hello sir....I started watching financial litracy videos very late.....I realised insurance importance very late still at 42 I took term plan with great difficulty from compny and that too on high premium rate....but I still took it.....started investing in stocks ......rectifying my mistakes.......thanks that I have very good earnings and big back up of parental inheritance but I felt if I had financial litracy earlier I wd have done better
Immense wisdom coming from a sage like man. THANK YOU SIR ....
You explain it so clearly.. calm and with full of knowledge.. perfect teacher 👍
I will really recommend it to college students to follow this for there future plans.
Love the way you so lucidly explains the topics, just awesome Sir...just keep this Great work.. 👍👍👍👍👍
Sir your politeness and humbleness is next lavel
Watched your video for the first time and subscribed to the channel and shared your video with my friend within first 10 minutes...Your style of explaining things is quite impressive 👍😃
Term Plan When u opt from Life insurance corporation of India:-
-- It costs u around just 10K per month For 10 Crore at the age of 30 For 20 year....
Hi Ankur, one point which I feel could be added to this -- (a) No LTCG tax on ULIP which makes it attractive (b) ulips also serve as a term plan since the coverage is 10x of premium or maturity amount (whichever is higher)
hello sir can u plz tell me the name of the ulip plan..?? NO LTCG tax bcoz actually they giving low returns.
term insurance give u more than 10x on ur total investment.
For a young adult, ( do we really call 18y/o an adult ?) like me you are such a great source of knowledge and experience. You teach a lot of things which these colleges or school won't ever talk about but these things are most crucial in one's life. Thanks a lot :)
Very informative. Please do a detailed analysis of ULIP. Thanks!
Damn.....so sensible. I bought 4 ulips coz i didnt have knowledge of equity
He explains perfectly without hurting anyone.
Wow! What a insightful content ❤️.
A very detailed and well researched video sir. Thankyou for this.
I wish to get a life insurance for myself so can you please make a video on settlement ratio and different consideration that are needed to be taken before buying a life insurance.
Very true sir thanks for this valuable information... God bless you
Ankur....your content is so honest and love the transparency with which you share information with us. Respect for you man and wish you all things wonderful. You are a force!
My inspiration and hero is warikoo❤️
warikoo sir is the best friend who always give right suggestion.
Hello Sir
I'm 30 and thanks to you I have finally come to realise what I should do.. the clarity to such important factors in life..!
I have certain questions sir and if there is any way I can please connect with you, I'll be greatful if that's possible.
the way you explain things..just mindblowing.. Thank you sir
Really the life changing tutorial...LI coverage helpful.🙌👏
Sir videos and the way you explain them is really awesome. I am learning a lot from you.
sachme batao toh apki baat sunte hua muje asa laga ki me apki sath me betha huun aur baat sunta huun
U can consider LIC PLAN NO 915..
Or take term insurance of LIC...one of the best claim settlement ration..contact ur nearest LIC office
thankyou for being in my 20's :)
Thanks sir for educate people about life insurance .
Sir the way you are spreading financial awareness is superb ! Have shared this video with my friends and relatives.
I really appreciate the type of content that you bring to the table everytime :)
All because of you better late than never I bought a term plan , and could see how I can do better financial planning...... Discovered about you last week and all the videos have been really helpful. Thank you so much
You can contact me if u are thinking of taking a term plan
Sir, please make a video on zero cost term insurance and its comparison with plain term insurance.
Thanks for the information sir! You videos are best and very clear. Hope you continue your great work and guide us. Thank you so much.
What a explain sir.... simple & clean
Thank you sir for sharing knowledge about insurance ❤️
Thanks RUclips to recommend this channel, Thank you to Ankur sir for giving a wonderful knowledge.🙏🌾
The best channel I have discovered this year..... Great content , presice to the content
Home loan par bhi term insurance hota hai. Agar apka 20 saal ka home loan hai toh win win hai.. Aur if you die in that period your family will get the home which they can sell or rent. And if you don't die in that time you can still sell it after 20 years. Also there are government subsidies and tax benefits on home loan..
14:30 DAMNNN!! maza aagaa sirr examplee sunkar..
And what about the exceptions which come with the add ons in a term plan. There are ifs and buts in add ons. Also which sort of death is covered in a term plan? As death can be through various reasons. Are there any terms and conditions that is there on the bond paper? Plz let us know
how to go for which plan (14:30 to 16:30) was lit!
Excellent video. I'll take term insurance as soon as possible.
Beautiful video. Loved it.
🙏Jai Jagannath 🙏
I saw first video of you Sir It's very nicely explain by you. 😊😊👍👍
What an excellent video 💯💯💯💯..... Genius'
Investment vs Insurance
Hello sir, following u for last few months. Got to learn aa lott. Why would I not invest for 40 yrs rather than insurance. I mean which is better?