Term insurance link.lla.in/Term-insurance Get Best Life, Health and Vehicle Insurance: link.lla.in/policy 💸DEMAT Account: link.lla.in/Demat Term Insurance Part 1: ruclips.net/video/aTQUB_1jREg/видео.html Term Insurance Part 2: ruclips.net/video/wETGWFYsqMM/видео.html
Mandeep you are also sounding like Mutual Fund Agent ... Insurance agent apna bech rahe h aur tum apna mutual fund bech rahe ho... Link discription me h sabko samjh me aata ha bhai paisa tumko bhi kamana h .. aur mutual fund aur ULIP me dono me guarantee nhi h fir mutual fund me 15% return milega how can u say that buddy.. kal kisne dekha
I had HDFC ULIP which I took in 2009 , I used to invest 60K Per annum , out of which 20K used to be admin charges and only 40K used to be invested in market !! This continued for 3 years , which was absolutely rip off ! And I was too young to understand that back then . Exit out of HDFC ULIP in 2012 after 3 years and took loss of ₹18K Lesser that what I invested .
I had HDFC SAP (Savings Assurance Plan) bought in 2009 as well . Yearly investment 24 K for 10 years payment and got the return after 10 years as ₹3,18,244 ! Which is 5.6% of interest . Another Rip off! Please save yourself from ULIPS and Guaranteed plans !!
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
@@LabourLawAdvisor Sir..my insurance agency told me I cannot get refund under free look period policy within 15 days..as I have signed consent..but I want to withdraw from max bupa monthly income advantage plan.. please help
I am insurance agent. Counter point mentioned karne he muje regarding this video. 1) kya India me log personal finance ko leke knowledge rakhte he? 2) kya sabko sare financial instruments pata he? 3) MF and stock ki volatility se sab comfortable he? 4) I agree Liquidity is big concern in insurance policy but logo me jis instrument me liquidity he log us instrument ko bech k apani temporary requirements to Puri kar lete he. But compound effect ka magic miss kar dete in long term. Insurance me mostly koi surrender nhi karta policy ( company aur agent unko manane ka try karte he long term k liye invested rehene k liye) 5)Mostly 8%-9% ka return to mil hi jata he client ko par product me jisme unka capital guaranteed hota he. 8% - 9% is good return jinhe market se dar lagata he. 6)Agent ko 15-30% commission milta he ispe bura man ne ki kya baat he? Agar me jada commission kamane k liye logo k piche pad rha hu. Aur aise logo se investment kara raha hu jo jindagi me kabhi investment karne wale nhi the. For eg. aaj hi maine ek policy bechi he jisme husband is not serious about investment aur wife ko apne bachchi k padhai aur shadi k liye paise jama karne he. 1 month se piche padhke Maine unka investment kara diya. It's win win situation for both muje commission ne motivate rakha itne lambe samay tak unse follow up lene me. Aur bachche k naam pe kuch investment to ho gayi. 7) Ulip wohi customer kharid ta he jise market ka knowledge hota he. Market ki volatility se comfortable hota he. Agar koi customer long term k liye ulip aur mf same amount dalta he aur same portfolio choose karta he . E.g nifty 50 portfolio choose karta he. Charges k vajese ulip 1-2% hi sirf Kam return dega. Mostly customer term insurance prefer nhi karte he itna awareness nhi he logo me. So in that case agar shuruvaati dino me hi customer ko kuch ho jata he to mf sirf invested money hi dega par ulip insurance cover bhi dega. Isliye log 1-2% kam return hone k bavjud mf se jada ulip ko pasand karte he. 8) jaise ki apne thumbnail me likha ulip me paise dalne k badli paisa jala do. Ek kaam karte he aap 1 lack jala do aur me 1 lac ulip me dalta hu. Dekhte he kiska return achcha aayega. Me agree karta hu insurance aur investment alag alag hona chahiye. But on ground aap logo ko educate karne jaoge koi samajta nhi he. Insurance agents ne bada role play kiya he logo ko unke personal finance k bareme sochne.
I had taken SBI wealth Builder ULIP plan 5 years back..in 5 year i paid 40k×5= 2lakh rupees...and this year i.e 6th yr my fund value was 3.08 lakh...and i paid it as down payment to buy a new Car...I don't see any downside in ULIP when I don't have time to invest or track stocks directly
Thank you mam for your response, its Gives Other People Confidence who are looking for testimonials and ULIPS are especially long term investment, After every 5 years SBI Life adds a guaranteed additions/loyalty addition to your fund value..Thats a point which only a advisor will tell you sbi life has a unquie tie ups with big companies and keep an investment agreement i would like to tell others ITS OUR SECRET MOTTO WE NEVER LOOSE A SINGLE PENNY You just need to stay loyal in investment and time with and its also important to talk to your advisor like you watch any kind of these videos
I had myself also invest in Ulip plan investment for 7 years and return at 21 year.. I think this is the second best investment after Ppf if you don't have any knowledge of market..
Hi Tanya! Will try and explain something to you here. Investment amount - 200,000; Your return on investment - 100,000 (300,000-200,000). Percentage of profit - 100,000/200,000 x 100 = 50. On paper it looks good that this investment got you 50% profit. However you need to divide this by the number of years you have invested + 1 year where money was blocked. So, 50/6 = 8.33% return every year. You could had got more if you invested in a FD 6 years back. It’s okay if you don’t have knowledge of stock market/mutual fund - Just find blue chip companies like TATA, Kotak and others and invest in them; they’ll give you a decent return. Way better than ULIP
I am working in Insurance Industry form last 4 years. I totally agree with you. First of all Ulip is not better than mutual fund I agree. But that doesn't mean that ULIP is not good. If you sell ulip correctly to client according to client age than it will give you good returns. ULIP is not 5 years Investment product. If anyone wants to earn good returns in ulip than they have invest for atleast minimum 10-15 years horizon. Mortality charge is wrongly explained by you. I request you to introduce those ulip client who have Invested for 10-15 years and not get good returns. You shown the example of Mr Mohit who suffer loss in ulip in span of 4 years of Investment. Again I am saying with due respect ulip is not 4-5 years product sir. There is no surrender charges after five years. Pls mention that also in your video. You shown all the point with negative aspects. In longer term ulip is cost effective. Below 40 years age client can definitely go for ulip with mutual fund.
Very wrong about mortality charges. Biased video to encourage opening demat account. ULIP as well as mutual fund both will give you good return if capital market is up trending.
That is the problem. Most of the employees who sell it, they sell it incorrectly that you can withdraw your money after 5-7 years and you will earn good money. They give examples of 30 % return too but who invested for 10-15 years and will tell you that you will get good return after 5-7 years. 10-15 years is a long time. Facebook came in 2007 and if we go 15 years back will take you to 1990. Are you kidding. What about inflation rate. They are just looting us. What about compounding interest which we loose from the first year of the ulip where our funds value is even less than the premium paid. They are experts of the market and looting the innocent people who doesn't even know about it. It takes you to the era of kings where they used to distribute money to the poor people. You are even worst than that because the money you are using is the customer's money. If ulip is good then why this video came. For example: there is no concerns regarding the new technology coming in market. People want to use touch phones they use it. Why touch phones replaced the button phones because people like it. If ulip is any good then there would be no doubt about it. You feel like that how I could be wrong, the profession I am in. But seriously people who knows the reality run from those kind of guys.
I get 15% compounded tax free returns from ULIP from last 12 years in which covid 19 comes under.. ULiP is a good investment but you should be invested for atleat 10 years
your compounded return would been much higher had it been mutual funds...ULIP plan allocates mortality charges, higher fund allocation charges, GST from your principal amount, and Bank charges if ULIP is taken from bank..All these charges are taken from your principal amount. So 90% of your principal amount are actually invested..while in mutual fund, you will be taxed 10% of the profit minus the Rs1Lakh..so Mutual Fund always gives higher return..long term, every fund will give you return, but 2-3% difference in annualised return for 10yrs+ also means huge difference of total gain...Rs10000/month for 12yrs at 15% annualised return gives Rs40.46Lakh..at 18%, its gives Rs50.97Lakh.. There is a reason why mutual fund is used for money gain..ULIP plan is only used for tax exemption in 80C ITR...an nobody should be applying for more than Rs1.5lakh in ULIP per year.
I understood it when I was 22 hence never invested in ulip. Instead I bought term plans, bought index funds, elss mutual funds and started accumulating stocks of sectors leading companies. Now m shifting gears towards bonds too. Same time my friends bought ulip to save tax... Today they ask me for guidance with their money
I am a development officer in lic posted in rural area... Sir yaha to term insurance ki baat hi chhod do, log to health insurance me v puchte hai kitna return milega..😂
I used to work in ICICI Prudential , I learnt the truth about it and left the job just after the training .I taught my family and everyone else whom I could about the dark side of this , Glad you're there to inform more. PLEASE share this guys , not just for promotion , it's to save people !!!
@@mmm14916 I am sorry for writing that without the full story. There are 2 types of insurance 1) Term insurance (you pay premium, you get a security amount, upon something happening to you or whatever was insured , They give you the certain amount on the condition that the premiums were paid on time and the policy doesn't lapse . 2) ULIPs or Unit linked insurance plan ( Here you have an insurance with an investment plan , Just imagine if you're mutual fund also gave you insurance, that kind of plan ) So the dark side was that ULIP was promoted so much in our company, every manager since the day begun they had targets for us such as 1lakh ka ulip policy sell karna hai per day, if that didn't happen they used to sit for long hours, even before the bank branch closed at 4, we used to reach home at 10 just because we couldn't complete daily targets . ULIPs are bad because they don't give benefits of both, They are neither good investment or a good insurance. Suppose you're 24, non smoker and you earn 25k a month, Any insurance company will give you life insurance plan for like 500 or less than that for a month upto 75 years and coverage of 1cr , That sounds amazing right? I was 22 and my premium per year was 346 something back in 2019 . With ulip you'll be getting like 10-20 years of insurance with only 10* the amount of the yearly premium, Say you're invested in a ulip plan of 1lakh a year for 10 years, upto 10 years / or till the plan lasts, if something happens to you your family gets 10lakh only because IRDAI guidelines, minimum 10 times of premium shall be offered as insurance. Ulip is bad investment as well because it has Lock in period like fd , for 5 / 3 years depending on tenure of your plan. We were told to say ULIP gives 23% interest, true but you can get more in mutual funds because it's compounding ( we knew this and we're forbidden to speak it, because our job was to sell ULIPs) Why does company wants to promote ULIPs more , A) Charges , Company is offering you investment + insurance so it charges you twice . B) Lock in period , They can use your money to invest further and earn while resting assured that you cannot withdraw money as it's under lock in period. There are more technical and numerative data i can list you but it's gonna be so much time . Companies love ULIP plans , please ask them repeatedly if it is a ulip plan. Please sign carefully. The mongrels used to target people who had money but didn't know much about paperwork rather than their signatures. Please be careful and ask your elders specially to not to do this before consulting a financial expert or anyone who knows a few bits about banks and their policies. ICICI prudential and Bank are two different entities, ICICI banks allows prudential employees to sell policies through customer walking in banks . Please say no to ULIPs , It's Evil .
@GauravSingh-vt9pg hi, check if my understanding is correct. If I take term insurance, that's of 1cr for 40yrs for a 10-year premium period and 50k/year. If unfortunately I expired within the 40yrs cover my family will get 1cr. But if I take ulip then for death they will not get 1cr ?
@@nseniftybankniftytrader4086 You took an immense effort to ask then why not! I do not go with any insurance policy whatsoever, except what comes along with perks package from my company. On my own I trust and invest only in stocks for last nine years and that is way better than anything else!
@@nseniftybankniftytrader4086 and for this video as like any other subscriber I liked it and shared with few guys I know who still believe in old ways of investing!
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
@@onlinechesslecture9003I can challenge you that if you can prove that ulip is better than mutual fund. Heard about quant, SBI, Nippon, icici prudential small cap fund. Leave it ever consider about mid cap or large cap far better than ulip in long run.
@@Ph-xj9lb they are not uneducated they just don't have proper info, the problem with old generation now days is they always think that they know better than there children because they have seen more "rainy" days than us.
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
@@LabourLawAdvisor I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
When I wanted to start investing, I went to an agent and asked for mutual funds. She suggested two mutual funds which I bought. On top of that, she and her team tried convincing me for 1 hour about ULIPs without taking the name of ULIP. I patiently listened and came back home asking for time. I never went back to them again. Now, still, after many years I have still kept those two mutual funds, which are giving an average return for two reasons. 1. Emotional attachment of first investment 2. A lesson for life that, I should do my own homework without taking anyone's help and take the right decisions.
Hello Bhaiya, I'm 25, I was confused for SIP, but the HDFC agent suggested me a better option that is ULIP. Thank God I stumbled upon your video.. U saved me and my money.. God Bless You!!!
Bjai, isne aoke ullu banake rakhe hai... he is simply promoting Term insurance which is also a best option but not a best one for the ones who wanna get returns. And agents won't get 20-30% commission on ULIPs. Only 5-6% hi milta hai...
@@sunilkeshetti3085 mai 1.5lakh per month salary ka job kar raha hu, agar ulip plan bejkar muje 15% commission melegi na to me job choddunga, or broker banjaunga. Ku ki Muje pata hi upli benifit he 30% tax slab walo ke liye... jo tax pay nahi karti he unko pata nahi...
This is an eye opener for me. I recently took HDFC Click 2 Retirement Combo plan or ulip. It has HDFC Fixed Sanchay Maturity plan and HDFC Click 2 Wealth. The insurance agent never openly discussed the mortality charges. Always, he specified it is only 0.2% only but I seriously doubt it. Also, there is no policy document of HDFC Click 2 Wealth which is sent to me. I decided to cancel this retirement combo plan before 30 days of free period. Thanks a lot Mandeep for saving my hard earned money. I will share this video to my friends and family who are completely aware of hidden frauds these insurance companies are doing with our hard earned money. Also, personally I choose this ulip plan I do not want to hustle with stock market daily looking the trends but it looks like you have to invest time to earn money and nothing comes easy without learning.
Started ulip click to wealth in june 2019 . 126000 deposited till November. Fund value 149356.4897 Benefit 23,356 in 18 months. Not advertising anything but presenting data here after watching your video. Edit:- at the end of 1 year Fund value was 78077.3952. loss of 5923. But now as I mentioned earlier it gave benefit of 23,356.
Insurance is the most bogus thing ever... specifically life insurance...I hate it...but the thing is..I myself work in insurance as a manager 😂😂😂...daily guilty feel hota hai kaam karke..raat ko daru pee k sota hu...
I want to say this thing today, people talk about financial scams in INDIA, but belief me, LIC (Insurance + Investment) is one of the biggest financial scams in INDIA.
Wrong on mortality, mortality is fixed based on age at the time of buying ULIP. not increase after that. Amount recived at maturity is tax free, while MF benefit in under LTCG If invest heavily for 30 yrs , ulip is better
I really appreciate the knowledge that you provide. On the point and completely factual. Eagerly waiting for the video on endowment plans. Keep up the good work!
I opened ULIP like a SIP. HDFC's click to Invest. The growth of the units has been decent. 1.6 lakh investment in past 32 months has resulted in 2.5 lakhs. Keep in mind, my investment was not lumpsum but monthly 5k.
He has not explored all ULIP plans and lacking the information. I took Tata ULIP at age 28. I have to pay 11 K for 10 years and got 2 Cr term insurance with that. Normal term insurance costs about half of it and either its zero term plan or you don’t get any return. So it’s a good plan for the people who are looking for good returns. There are more aspects of it that he didn’t discuss.
🌟🌟🌟🌟 *स्टार* 🌟🌟🌟🌟 *न्यू फैमिली हेल्थ ऑप्टिमा* (2 मई से लागू) *पालिसी की महत्वपूर्ण विशेषतायें ----* मात्र 35 रुपये प्रतिदिन से भी कम खर्च में अपने परिवार का स्वास्थ्य बीमा कराएं और हॉस्पिटल में लगने वाले खर्च से मुक्ति पाएं ।😄😄 👉 यह एक फ्लोटर पॉलिसी है, जिसमे एक ही प्रीमियम द्वारा सम्पूर्ण परिवार (पति, पत्नी व् अधिकतम 3 बच्चे 25 वर्ष से कम उम्र के) को शामिल किया जा सकता है । 👉बीमा राशि का उपयोग परिवार का एक सदस्य या सम्पूर्ण सदस्य अपनी आवश्यकतानुसार कर सकते है । 👉 प्रवेश की आयु सीमा 16 दिन के बच्चे से लेकर 65 वर्ष तक के व्यक्तियों की है । 👉 पॉलिसी का नवीनीकरण आजीवन रहेगा । 👉 50 वर्ष से अधिक के व्यक्तियों को मेडिकल जाँच कंपनी के खर्च पर करवानी होगी । जिससे फिलहाल छूट दी गई है। 🌟 *पॉलिसी के लाभ* 🌟 👉 अब 20 ओर 25 लाख का बीमाधन भी उपलब्ध *New* 👉 अब 5 लाख से अधिक बीमाधन वाली पॉलिसी पर सिंगल स्टैंडर्ड ए.सी. रूम *New* 👉 नो क्लेम पॉलिसी पर प्रतिवर्ष हेल्थ चेकअप फ्री *New* 👉 5 लाख से अधिक बीमाधन वाली पॉलिसी पर एयर एम्बुलेंस सुविधा *New* 👉 बाहर मृत्यु होने पर शव पॉलिसी पते पर लाने हेतु खर्च का प्रावधान । *New* 👉 सभी डे केअर प्रोसीजर कवर *New* 👉 मोतियाबिंद को छोड़ कर किसी भी डे केअर इलाज की कोई सीमा नहीं । *New* 👉 नो क्लेम बोनस 100% तक, पहली बार 25% उसके बाद 10% प्रति वर्ष वृद्धि *New* 👉 3 लाख एवमं 4 लाख पर 25% ,5 लाख से अधिक सभी बीमाधन पर 1.5 लाख ऑटोमैटिक रिचार्ज सुविधा *New* 👉 रीस्टोरेशन (टॉपअप) 3 गुना, 5 लाख+ 5 लाख + 5 लाख *New* 👉 25% अतिरिक्त बीमा कवर दो पहिया वाहन से एक्सीडेंट होने पर (हेलमेट व लाइसेन्स अनिवार्य) *New* 👉 आयुर्वेदिक, होम्योपैथिक व यूनानी चिकित्सा खर्च 10000 से 20000 - तक *New* 👉 इनफर्टिलिटी खर्च कव्हर 1 से 2 लाख तक । 5 लाख से अधिक की पॉलिसी पर उपलब्ध *New* 👉 सेमी प्राइवेट वार्ड लेने पर 800 से 1000 रु. का अतिरिक्त डेली कैश बेनिफिट *New* 👉 अग्रिड नेटवर्क अस्पताल (ANH) में इलाज करवाने पर 5000/- का अतिरिक्त बेनिफिट *New* 👉 द्वतीय मेडिकल ओपिनियन सुविधा फ्री *New* 👉 5 वाली पॉलिसी में मोतियाबिंद खर्च सीमा 40000/- एक आंख व 60000/- दोनो आंखों के लिए *New* 👉 इमरजेंसी एम्बुलैंस शुल्क 👉 सभी डे केअर बीमारियों की इलाज सुविधा । *New* 👉 न्यू बोर्न बेबी कव्हर 50 हजार तक । 👉 इमरजेंसी परिस्थिति में अस्पताल बदलने पर 5 से 10 हजार तक का अतिरिक्त बेनिफिट । *New* 👉 गंभीर अवस्था में घर पर दिए गए उपचार का खर्च, कोई सीमा नहीं । 👉 बीमित व्यक्ति की अंग दान करने वाले का भी अस्पताल का खर्च 1 लाख तक । 👉 नवजात शिशु को जन्म के 16 वे दिन से बिना प्रीमियम भरे पालिसी में कवरेज, माता पिता का पॉलिसी में 12 माह रहना जरूरी । 👉 3 लाख से अधिक के बीमाधन पर 100% + 100% + 100% आटोमेटिक रिस्टोरशन सुविधा उपलब्ध बिना किसी अतिरिक्त प्रीमियम पर । *New* (5 लाख पर 15 लाख का टॉप अप सुविधा) 👉 ऑटो रिचार्ज या इमरजेंसी राशि का प्रावधान 3 लाख से अधिक के बीमा धन पर उपलब्ध 👉 क्लेम रहित वर्ष के बाद 25 से 100% बोनस सुविधा *New* 👉 अस्पताल में भर्ती होने पर (जिस बीमारी के कारण भर्ती हुए है) 60 दिन पूर्व व् छुट्टी होने के बाद 90 दिन तक लिए गए सम्पूर्ण उपचार का खर्च 👉 कंपेशोनेट ट्रेवल सुविधा रिलेटिव के अस्पताल पहुचने का खर्च अगर पॉलिसी पते से दूर भर्ती होने पर । *New* 🌟🌟 *क्या नहीं मिलता* 🌟🌟 💉 प्रथम 30 दिन तक दुर्घटना को छोड़ कर अन्य कोई जोखिम शामिल नहीं 💉 पालिसी लेते समय पूर्व मौजूद बीमारियोंं का कवर 4 वर्ष तक नहीं 💉 मोतियाबिंद, ग्लूकोमा, रेटिनल डिटेचमेंट/मेक्युलेर डिजेनेरेशन, रीढ़ की हड्डी की गद्दी का खसक जाना, वेरिकॉजवेन्स, प्रोस्टेट ग्लैंड, नाक की हड्डी का टेढ़ा होना, साइनस संबंधी रोग, टॉन्सिल्स, थॉयरोएड, हर्निया एवम् जन्मजात बीमारियां, गलब्लेडर, मूत्रतंत्र सम्बंधित रोग, पथरी, बच्चेदानी का ऑपरेशन, महिलाओं की आतंरिक बिमारियों, घुटने के जोड़ सम्बंधित व् मेरुदंड सम्बंधित बिमारियों को 2 वर्ष तक कवर नहीं किया जाता है । 🌟हॉस्पिटल में भर्ती होने पर मिलने वाले लाभ 🌟 👍 5 लाख से अधिक की पॉलिसी ओर सिंगल स्टैंडर्ड एसी तक रूम 👍 डॉक्टर की फीस 👍 नर्सिंग चार्ज 👍 दवाइयों का सम्पूर्ण खर्च 👍 जांच का सम्पूर्ण खर्च 👍 एम्बुलेंस खर्च 👍 स्पेशलिस्ट डॉक्टर की फीस 👍 ऑपरेशन खर्च व् बीमारी से सम्बंधित खर्च क भुगतान पालिसी के नियम अनुसार किया जाता है।
Yesterday I went to hdfc bank for open my FD account rupees 100000 and they told me about ULIP plan and I was convinced but I told them that will on Monday now after watched this video I feel relaxed that I was not invested in in ULIP. Thanks for this information.
ULIPS like HDFC Click2Wealth & ICICI PRU-Signature give equal returns somewhere around 12 to 18% like Mutual funds in the long term...They have very low charges compared to other ULIPS
Bajaj Allianz has 0 allocation charges which is usually the heavies when it comes to charges under ULIPS and let’s not forget that this is the only product which is giving non taxable returns
@@abhishekkmr001 i also own ulip and got a fair returns, but what will happen at the end of tenure 10yrs , is there tax benefits, i heard only 1.5L is exempted rest of amount we have to pay taxes
Hi Mandeep, Can you enlighten us about "SBI Life Sampoorn Suraksha" scheme in YONO. I hope it'll be very useful for our community members. Thanks in advance.
Hi I just want to say that ULIP < Mutual Funds + Life insurance. But I had a ULIP plan which gave near about 12% return. I invested 1 lac a year for 5 years (5 lac investment) and on 6th year I got a an amount of 8 lacs. The drawback is of health cover and lock-in period. Returns were pretty Ok and it is not as disastrous as it seems to be.
Bhai aap khud youTube se paisa kamana chahte ho mutual fund me LTCG tax pay karna padta hai life cover nahi milega exit load pay karna padega particular 1 fund hi milega ye sabhi baate bhi batao na
I invested in Bajaj goal assure ulip, in it fund switching is totally free and mortality charges given back at maturity. Then what's the problem with ulip, kuch bhi bolta hai. In mutual fund you can't switch funds but ulip you can switch between large cap to debt fund any time. In India most people invest in ppf then it is good to go with ulip. Just think.
@@vickydandia1327 Why don't people understand , agar tumhe insurance hi chahiye tho 11k mein 1 crore ka ayega, Baaki paisa stocks and debt mein invest karo, and one more thing if ulip's are returning more then it means stocks are doing good again what ever you get in ulip usmein jobi paisa tumhe miltha hain usmein cuttings Mutual funds ke expense ratio se bahuth jyadha hota hain... Ulips are good for people who want others to eat what they earn.. simple!!!
Maine bhi chaar saal pehle SBI ulip me daal diya tha 😭😭😭 Aur ab ye video dekh ke mera dimaag kharab ho gaya... I just hope, baaki log jagruk ho jao pehle hi...
Don't worry. Every thing has its black side which is not shown to us. ULIPs are good but you must not put most of your saving in it. And beside it you should have Term Insurance. Only mutual fund agents hate ULIPs.
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
Don't go by plain words.....just know that surrendering ulip policy before 5 yrs will attract tax penalty.as it become part of your annual income...so kindly get to know before act on it....
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
You have good information. But one suggestion, keep speed low. But for ULIP, I have few points: 1. It gives insurance cover, of course small. But it is along with an investment plan. If one goes for pure insurance, ULIP is not for them. 2. You have compared it with mutual fund which is not comparable. MF is purely an investment plan, without insurance. So better you compare ulip with some other product with similar features. 3. But I agree on the whole that the tiny cover which one gets in ULIP is of no value/sense. That much small insurance does not help in case of death. So either one should take endowment policy for assured cover at lower cost and MF for investment purposes. 4. Appreciate your gesture for explaining limited utility /features of ULIP. Thanks. 2.
I had bought Tata Fortune Pro (Ulip) with a premium of 50k p.a. This year i had paid the last premium. As per the premium i had invested 2.5 lakhs. Now my current value is showing 386000. I dont know whats wrong in this bro. Its a good plan. And as per your video you are saying that "mutual fund me 2 saal baad nikal rahe he paisa to bewakoofi he kyuki 3 saal ka lockin he, to ye cheez ulip par bhi applicable he, jab invest kiya he to 4 saal me nikalna hi kyu he" 😅
I guess every Indian middle class person has that one distant relative "Chacha" who's an LIC agent and he talks you into buying such bad schemes. One of my Chachas has made me buy Postal Life insurance's endowment plan which I've been regretting since I've started learning about personal finances. Looking forward to your Endowment related video for a suggestion about exit strategy. 😊
I made this mistake. Should've done more analysis before getting into ULIPs. I am trying to file a cancellation on this since I have free lookup period remaining. Thanks for opening my eyes :/
Thanks Mandeep for opening my eyes I will definitely stop ulip plan which my parents are paying high premium I really missing big opportunity to compound my money as my parents are saying me that "LIC hona chahiye return acha milta hai"
Mera ek friend bhi Ulip agent hai usne bhi exactly same line bola tha.... Tax benefit, and last wala maine apne pure family ka ULIP plan Kara liya hai😅🤣
I buy 2 ulip plan for 5 years locked period I pay annually 1.5 lacks rupee I total pay 7.5 lacks after 5 years Surrender income is 1380000 other policy value now 147000 Tata Aia life insurance I m happy with Tata Aia
I know mutual funds are better than ULIPS in terms of return but both schemes have different pros and cons.. As ULIPS are tax free and also switching is available and they are bit less riskier than MF...... On the other part mf is good too but both are diff.
Index fund is also a mutual fund there r different types of mutual fund Small cap fun larg cap fun Index is nifti 50 , nifti bank they r group of top 50 stocks , bank stocks Ur money will be added only in that stock
This guy is talking about commission of agents but he himself is promoting to get a demate account from his link so that he can get commission. What an irony
Next month I'm planning to take life insurance coverage...I'm 25 years now I was zero knowledge about it I watch 2 video of You. But explained it very excellently..... Thank you Brother! ❤️🙏
Sabse pehle term aur health plan lijiye aur uske baad agar stock market ki knowledge hai to direct stock me investment kijiye ,aur agar usme samay nahi de sakte hai to mutual fund ya sip kara sakte hai ......
Very nicely explained Sir. Only few days back some agent from Motilal Oswal called me up for ULIP in ICICI I did not do it as I am only investing in MF direct.
I work for ICICI Prudential. I sold one ULIP plan 8 years ago , my customer called me a week back saying the money isn't increasing at all... After watching this video I am only focusing on Term and Endowment Plans. Thank You Mandeep !
If u work for ICICI prudential, i ahve a question for you.I have ICICI PRUDENTIAL INVESTSHEILD CASHBACK PLAN. Its premium is 15000 yearly. Should i withdraw it or keep it as it is
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time. Here Are The Benefits::>>>>>> 1> Life Insurance Start With 50 Lac 2> From Age 18 Till 60. 3> Choose Policy Term 30 Or 40 4> Flexibility To Pay 5/10/12/Regular 5> Accident Cover From 50lac Till + 6> Permanent Disability 50lac Till 2cr 7> Hospital Benifit 10lac Till 40lac 8> Criti Care 20lac Till 1cr 9> Major 40 CritiCare Disease Cover 10> 11 Best Fund Options To Select 11> Smart Investment Option 12> Best Funds To Get Best Returns 13> 2 Pakage Option 14> Tax Benefit 15> Most Trusted Brand And I Am Param Rakshakarta Here To Give You Best Service.
Very informative..but bro i took sbi life for 30L in 2017 and in 2024 its giving me 70 lac…..so now u tell me we are the people who doesnt have that much knowledge..if i keep it till 2027 ut will for shure going to give me aroung 80-85…long term and correct funds should be your priority
Bro my parents have started 50k yearly lic policies for me when i was in college.. they have paid it for 3-4 years and now it came to me.. now i am trying to become "Jagruk Janta" and want to understand how i can correct my investment. Please make some videos on lic policies.
I hope ULIP taken on his name.. Then You make on your name same combination that will of insurance cover as that of ulip through term life and balance amount remaining from ulip premium investing into fund like Mirae Asset Emerging Bluechip growth fund direct plan... Time will teach him a lesson if he is not letting you talk... 😷😷 Show him this video and these comments, he may change his decision and instantly return the product.. Better late than never.. It's your hard earned money, so you yourself need to be cautious for any financial product decision instead of following sheep's way... Best luck and Happy investing !!
1. To contradict your sayings :- Many ULIP have 105x Premium like Bajaj Invest Protect Goal & HDFC Smart Protect Goal 2. Obviously ULIP Ratio will have different charges but looking at illustration you can clarify your charges and yes charges in Insurance policy will be same for whole life but it is an expense anywhich ways which will be charged higher in initial year for compensation in future years 3. Yes you need to deposit only excess money which you will need in long time future life but look at returns as a whole after 40 years it has liquidity issues but yes if to invest for long term 100% weeks need to invest in ULIP if we are below 30
Hi Mandeep bhai... thanks to you and your team for the awareness you are spreading...I have term insurance of 50lac.. when I took it my salary was very less.. but now when things have improved I want to increase my cover.. should I take a new plan or Is there any option to make changes in existing plan ?
You will have to buy a separate plan same plan can't be enhance as this is a term plan.this man has half cooked knowledge because many ULIPS ARE DOING BETTER THAN MUTUAL FUNDS. there is pro and cons of mutual fund and Ulips. Ulips are better in long run which means 10yrs and beyond their cost structure is such that after five years virtually their won't be any charges except fund management charges.
@@hellochandra8017 check out the charts , and then speak for yourself. ULIPS are invested in funds . Funds just like Your mutual funds but a bit different. Both mutual funds and Ulip plans are invested indirectly in the market by the fund manager , So whatever you do, Mutual fund and Ulip will earn same . Stop the ganja you taking and educate yourself.
Is Tata AIA Param Rakhshan 3 a good ULIP ? For 25 year old non smoker person 1 Crore cover along with riders like Accidental Death and Accidental Total & Permanent Disability premium is 66500 for 12 year plan ? And at maturity (40 yrs hence) it returns 22 lacs at 8% and 72 lacs at 11% Returns are subject to market performance Should one buy this plan ?
Mohit Soni said that he invested 1 lakh per year for 4 years. So basically a SIP per year. And he got back 4.43 Lakh after the 4th year which is essentially an absolute return of 10.75% ((yearly 2.68% absolute return)). He mentioned in the video only the absolute returns and not the XIRR which is the correct measure of investment. If we calculate the XIRR, it comes out to be 7.26% which is reasonable.
Hello Sir, your videos are really an eye opening .. you are doing great job with perfect calculations, examples and comparisons .. Just one request i am seeking a video where i can understand PPF vs SIP ... Deep and humble request if you can present video on this as well
I’m still in process of studying various types of plans and when I first saw this video, that appeared as eye opener. But there’re few problems in your assumptions. You’re assuming for 1cr of sum assurance, the premium is going to be 10 lakhs per year which is absurd. Consider Tata AIA sampoorna rakhana plus plan for eg, the sum assured is 1cr (plus another 1.3 cr for other riders such as critical illness, Hopi care etc) the premium is around 90k per year only. This is comparable to normal term insurance plan with critical illness rider. So can you just enlighten as to how this is a scam?
16:07 Calculation of interest in the example mentioned in the video is not correct. Assuming annual instalments of ₹1,00,000 for four years and a final return of ₹4,43,000 the rate of interest can not 10%/4=2.5%, since the ₹4,00,000 invested is not through single payment at the start but staggered over four years. Hence, we need to calculate the free cash flow instead for four years to get the actual internal rate of return, which comes out to be 6.85%. Kindly be vigilant of such discrepancies.
ULIP is product for investment & 10 times insurance of annual premium is additional benefit provided to customer , so customer who is investing Rs.5 lac in ULIP can also have 1 crore Term insurance of Rs.10 k which will be total annual investment of rs.5.01 lac with life cover of 1.5 crore Insurance. & If you invest in ULIP for 7 to 8 years you may see the growth of fund by 15 to 18 %.
I have already invested 5k per month in Bajaj Alliance ULIP for 15 years! And the return till now is around 20% rest I have invested 7k in mutual fund also. So is this okay ?
HDFC Sampoorna Nivesh has an option of 10- 40times insurance cover of 1st premium. Yearly 4 fund switching free. No surrender charge after 5years. Check HDFC LIFE opportunity fund. Not everyone are eligible for term insurance. For more info ADARSHASUBRAYA@GMAIL.COM
Who have come here after seeing CA RACHNA RANADE ULIP PROMOTION VIDEO... SIR THANKS A LOT I SAVED NEARLY 12 LAKHS RUPPEES BUTSTILL MY FATHER WAS NOT READY TO HEAR ME BUT I FINALLY MADE HIM ATTENTIVE REGARDING ULIP GAME .. THANKS A LOT
Thankyou so much for your informational videos. I have been watching it back to back. Can you please make a video specifically of surrender values? I am sure many people like me want to learn about how it works...
My father who once used to be in insurance industry, always asked me to stay away from ULIP & Child insurance plans.. these shits are emotional blackmail. -& yes he himself stayed away from making people have these plans ended up leaving that industry for obvious reasons from seniors 😂.
@@simran9312 I am doing same, currently I am in free lookup period and asked them to cancel the policy, also filed a complaint to IRDA. Hopefully, everything will go right because I have been totally mislead by Axis Bank employees.
Totally misguided ULIP in opportunity and discovery funds have high returns and adjust with tax saving, this will be much higher. Just keep in mind not to invest more than 2,50,000 in a year. Entire maturity is tax free.
Thank you so much for this video. I got the same pitch for selling the ULIP plan as you showed in the beginning of the video. Thanks for the guidance and saving my time, money and energy with the investment plans.
I bought 3 ULIP plans 5 years back. I literally bought another ULIP yesterday. I did not want to but I did. I was searching for the content on ulip and I found this video. Thank you for this video. I am going to withdraw all of my money. Thank you again.
I somewhat disagree ulips are not that bad as potrait I agree that you cannot compare ulip with Mutual fund as it's like comparing tea with coffee each one has its own pros and cons and with new age guidelines ulip generates less commission than mutual funds in whole life time and additionally if u invest upto 2.5 lac govt cannot touch ur money I don't getting any commission sharing this info hope it helps ppl So as thumbnail suggest isse acha paisa jala do I disagree with that as there are vast majority of clients who are not having insurance and not eligible for term plan Best Regards
My father just expired and our relatives started recommending different policies and schemes..some one also suggested us ulip thanks to you for making this video now I can definitely say noo to them with facts👍
Iska kuch mat suno, do your own research......ye bhi policy agent see kam nahi hai, in this video also he has not given complete information about ULIPs
Sir ji aajkal naya fraud chal raha he Mujhe ek call aya Ki sir 5000 ki sip karni he 5 sal tak Bahut achcha return degi and apako insurance cover bhi milega 500000 ka Than i understand wo sip k nam par insurance bech rahe he..
Sir, apke waja se, mujhe yeah pata chala ki mai application karne ki 14 days ke andar apna money back kar sakta hu. Agar aap yeah nahi bolte to mai isko Jan hi jahi pati. Maine ulip se cancel karne ke liye mail kar diya hai. Thank you so much sir. Cordial regards .
Term insurance link.lla.in/Term-insurance
Get Best Life, Health and Vehicle Insurance: link.lla.in/policy
💸DEMAT Account: link.lla.in/Demat
Term Insurance Part 1: ruclips.net/video/aTQUB_1jREg/видео.html
Term Insurance Part 2: ruclips.net/video/wETGWFYsqMM/видео.html
Most video 📹
Mandeep you are also sounding like Mutual Fund Agent ... Insurance agent apna bech rahe h aur tum apna mutual fund bech rahe ho... Link discription me h sabko samjh me aata ha bhai paisa tumko bhi kamana h .. aur mutual fund aur ULIP me dono me guarantee nhi h fir mutual fund me 15% return milega how can u say that buddy.. kal kisne dekha
I had HDFC ULIP which I took in 2009 , I used to invest 60K Per annum , out of which 20K used to be admin charges and only 40K used to be invested in market !! This continued for 3 years , which was absolutely rip off ! And I was too young to understand that back then . Exit out of HDFC ULIP in 2012 after 3 years and took loss of ₹18K Lesser that what I invested .
I had HDFC SAP (Savings Assurance Plan) bought in 2009 as well . Yearly investment 24 K for 10 years payment and got the return after 10 years as ₹3,18,244 ! Which is 5.6% of interest . Another Rip off! Please save yourself from ULIPS and Guaranteed plans !!
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
Finally someone explained without saying dosto dosto 100 times
Haha, finally someone appreciated me for this 😂
Dosto! 🤣
You nailed it.
@@LabourLawAdvisor Sir..my insurance agency told me I cannot get refund under free look period policy within 15 days..as I have signed consent..but I want to withdraw from max bupa monthly income advantage plan.. please help
Ek aur aadmi hai....jo sirf Mitron Mitron ....karte rehte hain.
@@LabourLawAdvisor link in description 🤣🤣🤣as always
I am insurance agent.
Counter point mentioned karne he muje regarding this video.
1) kya India me log personal finance ko leke knowledge rakhte he?
2) kya sabko sare financial instruments pata he?
3) MF and stock ki volatility se sab comfortable he?
4) I agree Liquidity is big concern in insurance policy but logo me jis instrument me liquidity he log us instrument ko bech k apani temporary requirements to Puri kar lete he. But compound effect ka magic miss kar dete in long term.
Insurance me mostly koi surrender nhi karta policy ( company aur agent unko manane ka try karte he long term k liye invested rehene k liye)
5)Mostly 8%-9% ka return to mil hi jata he client ko par product me jisme unka capital guaranteed hota he. 8% - 9% is good return jinhe market se dar lagata he.
6)Agent ko 15-30% commission milta he ispe bura man ne ki kya baat he? Agar me jada commission kamane k liye logo k piche pad rha hu. Aur aise logo se investment kara raha hu jo jindagi me kabhi investment karne wale nhi the.
For eg. aaj hi maine ek policy bechi he jisme husband is not serious about investment aur wife ko apne bachchi k padhai aur shadi k liye paise jama karne he. 1 month se piche padhke Maine unka investment kara diya. It's win win situation for both muje commission ne motivate rakha itne lambe samay tak unse follow up lene me. Aur bachche k naam pe kuch investment to ho gayi.
7) Ulip wohi customer kharid ta he jise market ka knowledge hota he. Market ki volatility se comfortable hota he.
Agar koi customer long term k liye ulip aur mf same amount dalta he aur same portfolio choose karta he .
E.g nifty 50 portfolio choose karta he.
Charges k vajese ulip 1-2% hi sirf Kam return dega. Mostly customer term insurance prefer nhi karte he itna awareness nhi he logo me.
So in that case agar shuruvaati dino me hi customer ko kuch ho jata he to mf sirf invested money hi dega par ulip insurance cover bhi dega.
Isliye log 1-2% kam return hone k bavjud mf se jada ulip ko pasand karte he.
8) jaise ki apne thumbnail me likha ulip me paise dalne k badli paisa jala do.
Ek kaam karte he aap 1 lack jala do aur me 1 lac ulip me dalta hu. Dekhte he kiska return achcha aayega.
Me agree karta hu insurance aur investment alag alag hona chahiye. But on ground aap logo ko educate karne jaoge koi samajta nhi he.
Insurance agents ne bada role play kiya he logo ko unke personal finance k bareme sochne.
Great points 👍
Vry good agent sir ..👍
Kon sa insurance 8-9% return deta h😂😂😂😂
Totally Agree with you
✅✅
I had taken SBI wealth Builder ULIP plan 5 years back..in 5 year i paid 40k×5= 2lakh rupees...and this year i.e 6th yr my fund value was 3.08 lakh...and i paid it as down payment to buy a new Car...I don't see any downside in ULIP when I don't have time to invest or track stocks directly
Instead you can invest in mutual fund where fund manager take care of investment and you can enjoy the profit of investment
Thank you mam for your response, its Gives Other People Confidence who are looking for testimonials and ULIPS are especially long term investment, After every 5 years SBI Life adds a guaranteed additions/loyalty addition to your fund value..Thats a point which only a advisor will tell you sbi life has a unquie tie ups with big companies and keep an investment agreement i would like to tell others
ITS OUR SECRET MOTTO WE NEVER LOOSE A SINGLE PENNY You just need to stay loyal in investment and time with and its also important to talk to your advisor like you watch any kind of these videos
I had myself also invest in Ulip plan investment for 7 years and return at 21 year.. I think this is the second best investment after Ppf if you don't have any knowledge of market..
Hi Tanya! Will try and explain something to you here. Investment amount - 200,000; Your return on investment - 100,000 (300,000-200,000). Percentage of profit - 100,000/200,000 x 100 = 50. On paper it looks good that this investment got you 50% profit. However you need to divide this by the number of years you have invested + 1 year where money was blocked. So, 50/6 = 8.33% return every year. You could had got more if you invested in a FD 6 years back. It’s okay if you don’t have knowledge of stock market/mutual fund - Just find blue chip companies like TATA, Kotak and others and invest in them; they’ll give you a decent return. Way better than ULIP
That is due to market is double after crona ... this is not happen all times
If this amount in stocks this amount will be minimum 5 lakhs
I am working in Insurance Industry form last 4 years. I totally agree with you. First of all Ulip is not better than mutual fund I agree. But that doesn't mean that ULIP is not good. If you sell ulip correctly to client according to client age than it will give you good returns. ULIP is not 5 years Investment product. If anyone wants to earn good returns in ulip than they have invest for atleast minimum 10-15 years horizon. Mortality charge is wrongly explained by you. I request you to introduce those ulip client who have Invested for 10-15 years and not get good returns. You shown the example of Mr Mohit who suffer loss in ulip in span of 4 years of Investment. Again I am saying with due respect ulip is not 4-5 years product sir. There is no surrender charges after five years. Pls mention that also in your video. You shown all the point with negative aspects. In longer term ulip is cost effective. Below 40 years age client can definitely go for ulip with mutual fund.
I totally agree. I am such client who has gained by long term investment in ULIP.
This person Mandeep is not aware with ulip plans giving false information to people
Very wrong about mortality charges. Biased video to encourage opening demat account. ULIP as well as mutual fund both will give you good return if capital market is up trending.
I agree 💯
That is the problem. Most of the employees who sell it, they sell it incorrectly that you can withdraw your money after 5-7 years and you will earn good money. They give examples of 30 % return too but who invested for 10-15 years and will tell you that you will get good return after 5-7 years. 10-15 years is a long time. Facebook came in 2007 and if we go 15 years back will take you to 1990. Are you kidding. What about inflation rate. They are just looting us. What about compounding interest which we loose from the first year of the ulip where our funds value is even less than the premium paid. They are experts of the market and looting the innocent people who doesn't even know about it. It takes you to the era of kings where they used to distribute money to the poor people. You are even worst than that because the money you are using is the customer's money. If ulip is good then why this video came. For example: there is no concerns regarding the new technology coming in market. People want to use touch phones they use it. Why touch phones replaced the button phones because people like it. If ulip is any good then there would be no doubt about it. You feel like that how I could be wrong, the profession I am in. But seriously people who knows the reality run from those kind of guys.
I get 15% compounded tax free returns from ULIP from last 12 years in which covid 19 comes under.. ULiP is a good investment but you should be invested for atleat 10 years
No Its Is Best On 7Th Year If U Have Paid For 5 Years
How
Totally agree 👍
I am invested for 9 years now and like you said actual returns shows if you are invested for longer period
Its same case for mutual funds...both mutual funds and ULIPs are for long term investment purpose...its not bad...as he is claiming...😐😐
your compounded return would been much higher had it been mutual funds...ULIP plan allocates mortality charges, higher fund allocation charges, GST from your principal amount, and Bank charges if ULIP is taken from bank..All these charges are taken from your principal amount. So 90% of your principal amount are actually invested..while in mutual fund, you will be taxed 10% of the profit minus the Rs1Lakh..so Mutual Fund always gives higher return..long term, every fund will give you return, but 2-3% difference in annualised return for 10yrs+ also means huge difference of total gain...Rs10000/month for 12yrs at 15% annualised return gives Rs40.46Lakh..at 18%, its gives Rs50.97Lakh..
There is a reason why mutual fund is used for money gain..ULIP plan is only used for tax exemption in 80C ITR...an nobody should be applying for more than Rs1.5lakh in ULIP per year.
I understood it when I was 22 hence never invested in ulip. Instead I bought term plans, bought index funds, elss mutual funds and started accumulating stocks of sectors leading companies. Now m shifting gears towards bonds too. Same time my friends bought ulip to save tax... Today they ask me for guidance with their money
Ulip plan is not for 1 to 5 year plan.
It is very good for those people who invest for 10 to 15 year..
Then it's returns is good👍
True
I am a development officer in lic posted in rural area... Sir yaha to term insurance ki baat hi chhod do, log to health insurance me v puchte hai kitna return milega..😂
Ye inhe Kon samjhaye ?? Inhe to bas mutual fund bechna hai wo bhi ye bolke ki khud hi track rakho apne paise ka.
Mehat ka paisa retha hai sir everybody wants to save and earn
Which branch
Our generation are very lucky because we have lots of information resources and also unbaised review regarding finance and accounts
But no one available to validate those informations
But every one said true is which I say. Other said is bakwas.
I used to work in ICICI Prudential , I learnt the truth about it and left the job just after the training .I taught my family and everyone else whom I could about the dark side of this , Glad you're there to inform more. PLEASE share this guys , not just for promotion , it's to save people !!!
Please write down what you've learnt so that we can save ourselves too instead of just saying save yourself.
Tell us also
@@mmm14916 I am sorry for writing that without the full story.
There are 2 types of insurance
1) Term insurance (you pay premium, you get a security amount, upon something happening to you or whatever was insured , They give you the certain amount on the condition that the premiums were paid on time and the policy doesn't lapse .
2) ULIPs or Unit linked insurance plan ( Here you have an insurance with an investment plan , Just imagine if you're mutual fund also gave you insurance, that kind of plan )
So the dark side was that ULIP was promoted so much in our company, every manager since the day begun they had targets for us such as 1lakh ka ulip policy sell karna hai per day, if that didn't happen they used to sit for long hours, even before the bank branch closed at 4, we used to reach home at 10 just because we couldn't complete daily targets .
ULIPs are bad because they don't give benefits of both, They are neither good investment or a good insurance.
Suppose you're 24, non smoker and you earn 25k a month, Any insurance company will give you life insurance plan for like 500 or less than that for a month upto 75 years and coverage of 1cr , That sounds amazing right? I was 22 and my premium per year was 346 something back in 2019 . With ulip you'll be getting like 10-20 years of insurance with only 10* the amount of the yearly premium, Say you're invested in a ulip plan of 1lakh a year for 10 years, upto 10 years / or till the plan lasts, if something happens to you your family gets 10lakh only because IRDAI guidelines, minimum 10 times of premium shall be offered as insurance.
Ulip is bad investment as well because it has Lock in period like fd , for 5 / 3 years depending on tenure of your plan. We were told to say ULIP gives 23% interest, true but you can get more in mutual funds because it's compounding ( we knew this and we're forbidden to speak it, because our job was to sell ULIPs)
Why does company wants to promote ULIPs more ,
A) Charges , Company is offering you investment + insurance so it charges you twice .
B) Lock in period , They can use your money to invest further and earn while resting assured that you cannot withdraw money as it's under lock in period.
There are more technical and numerative data i can list you but it's gonna be so much time . Companies love ULIP plans , please ask them repeatedly if it is a ulip plan. Please sign carefully.
The mongrels used to target people who had money but didn't know much about paperwork rather than their signatures.
Please be careful and ask your elders specially to not to do this before consulting a financial expert or anyone who knows a few bits about banks and their policies.
ICICI prudential and Bank are two different entities, ICICI banks allows prudential employees to sell policies through customer walking in banks .
Please say no to ULIPs , It's Evil .
@@GauravSingh-vt9pgthanks for taking the time to write this 🫡
You are very moral person
@GauravSingh-vt9pg hi, check if my understanding is correct. If I take term insurance, that's of 1cr for 40yrs for a 10-year premium period and 50k/year. If unfortunately I expired within the 40yrs cover my family will get 1cr.
But if I take ulip then for death they will not get 1cr ?
Those disliking are either haters or insurance agents!
@@nseniftybankniftytrader4086 You took an immense effort to ask then why not!
I do not go with any insurance policy whatsoever, except what comes along with perks package from my company. On my own I trust and invest only in stocks for last nine years and that is way better than anything else!
@@nseniftybankniftytrader4086 and for this video as like any other subscriber I liked it and shared with few guys I know who still believe in old ways of investing!
@@nseniftybankniftytrader4086 You too bro! My best wishes!
Sach kha ye chije mujhe 5 saal pehle samjh aagya tha...aur maine quit karke direct MF lia .I am happy I saved my money..
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
U n pranjal kamra are the best financial advisor.
Sir huge amount of respect for you I was about to buy ULIP after discussion with bank advisors 🙌🙌🙌🙌
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
So you would opt for fixed deposit?
Ulip is for long term...
You should invest for more than 10 years.
@@onlinechesslecture9003I can challenge you that if you can prove that ulip is better than mutual fund. Heard about quant, SBI, Nippon, icici prudential small cap fund. Leave it ever consider about mid cap or large cap far better than ulip in long run.
was eagerly waiting for this video to show it to my Father who believe ULIP are great
same here bhai, papa ko forward kara maine just abhi.
Most uneducated lot about money is pappa log. Never ever try to convince them
@@Ph-xj9lb they are not uneducated they just don't have proper info, the problem with old generation now days is they always think that they know better than there children because they have seen more "rainy" days than us.
Agreed.
@@SweatRevolution exactly
ULIP is the best plan ever*
* for agents
Couldn't agree more
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
@@LabourLawAdvisor I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
Bajaj Allianz future gain me 0% allocation charge hota he
Bhai agent log ulip bilkul sale nahi krta commission kuch nhi hota waha .
When I wanted to start investing, I went to an agent and asked for mutual funds. She suggested two mutual funds which I bought. On top of that, she and her team tried convincing me for 1 hour about ULIPs without taking the name of ULIP. I patiently listened and came back home asking for time. I never went back to them again. Now, still, after many years I have still kept those two mutual funds, which are giving an average return for two reasons.
1. Emotional attachment of first investment
2. A lesson for life that, I should do my own homework without taking anyone's help and take the right decisions.
Hahaha
Hello Bhaiya, I'm 25, I was confused for SIP, but the HDFC agent suggested me a better option that is ULIP. Thank God I stumbled upon your video.. U saved me and my money.. God Bless You!!!
Actually he gave right suggestion as per your age ....u will definitely see good results in span of 12 to 15 yrs
my dad was ripped off by HDFC banker who sold Aditya Birla ULIP plan. I got to know today , will cancel it . thanks for the video
Hats off to you!! There is true need for such channel to make people of india aware
सही कहा
Bjai, isne aoke ullu banake rakhe hai... he is simply promoting Term insurance which is also a best option but not a best one for the ones who wanna get returns. And agents won't get 20-30% commission on ULIPs. Only 5-6% hi milta hai...
@@sunilkeshetti3085 mai 1.5lakh per month salary ka job kar raha hu, agar ulip plan bejkar muje 15% commission melegi na to me job choddunga, or broker banjaunga. Ku ki Muje pata hi upli benifit he 30% tax slab walo ke liye... jo tax pay nahi karti he unko pata nahi...
Explained in detail, must forward all retired people, they are the main victims.
This is an eye opener for me. I recently took HDFC Click 2 Retirement Combo plan or ulip. It has HDFC Fixed Sanchay Maturity plan and HDFC Click 2 Wealth. The insurance agent never openly discussed the mortality charges. Always, he specified it is only 0.2% only but I seriously doubt it. Also, there is no policy document of HDFC Click 2 Wealth which is sent to me. I decided to cancel this retirement combo plan before 30 days of free period. Thanks a lot Mandeep for saving my hard earned money. I will share this video to my friends and family who are completely aware of hidden frauds these insurance companies are doing with our hard earned money. Also, personally I choose this ulip plan I do not want to hustle with stock market daily looking the trends but it looks like you have to invest time to earn money and nothing comes easy without learning.
I also strongly agree with this Video. One question : Where is compounding in Mutual Funds? Can you please explain to me in detail?
Every year nav increase hota rehta hai. Wohi compounding kehlata hai.
When you investing over a period of time and you realise wealth creation by mutual fund that is called compounding anf time value of money
There is no compounding in mutual funds. A variable return product cannot offer compounding.
@@girishsapariya2306 compounding is unidirectional..It's not like NAV to fluctuate based on any parameter.. Please correct me if I'm wrong
@@hirenvekariya1459 I agree to what you said..but that's not compounding..that's just increase in NAV value..
And partly yes..Time value for money
Started ulip click to wealth in june 2019 . 126000 deposited till November. Fund value 149356.4897
Benefit 23,356 in 18 months.
Not advertising anything but presenting data here after watching your video.
Edit:- at the end of 1 year Fund value was 78077.3952. loss of 5923. But now as I mentioned earlier it gave benefit of 23,356.
Mandeep bhai bolo… kuch toh bolo
ruclips.net/video/Xy5tWhXew3k/видео.html
I have invested 1k per month in hdfc click 2 wealth and now i have completed 5 yrs and my fund value is 1 lakh 9 thousand.
Insurance is the most bogus thing ever... specifically life insurance...I hate it...but the thing is..I myself work in insurance as a manager 😂😂😂...daily guilty feel hota hai kaam karke..raat ko daru pee k sota hu...
😂😂😂 sedlife man
You should think about making a positive change, you'll sleep better
@@LabourLawAdvisor exactly pls make a video on how can we move into loan sector
I want to say this thing today, people talk about financial scams in INDIA, but belief me, LIC (Insurance + Investment) is one of the biggest financial scams in INDIA.
Wrong on mortality, mortality is fixed based on age at the time of buying ULIP. not increase after that.
Amount recived at maturity is tax free, while MF benefit in under LTCG
If invest heavily for 30 yrs , ulip is better
I really appreciate the knowledge that you provide. On the point and completely factual. Eagerly waiting for the video on endowment plans. Keep up the good work!
I opened ULIP like a SIP. HDFC's click to Invest.
The growth of the units has been decent.
1.6 lakh investment in past 32 months has resulted in 2.5 lakhs. Keep in mind, my investment was not lumpsum but monthly 5k.
ruclips.net/video/mN0d1Y3yRfI/видео.html
He has not explored all ULIP plans and lacking the information. I took Tata ULIP at age 28. I have to pay 11 K for 10 years and got 2 Cr term insurance with that. Normal term insurance costs about half of it and either its zero term plan or you don’t get any return. So it’s a good plan for the people who are looking for good returns. There are more aspects of it that he didn’t discuss.
May be not more than mutual fund but Ulip did well in long term policies. I m the witness of it.
ULIP's lock in for 5 years is beneficial as it prevents one from prematurely withdrawing the investment.
One ULIP must be bought as an investment.
I BET YOU ARE AN AGENT !
@@nishasanghvi i bet my life he has invested all money in ULIP
Irrespective of what these two people, I agree with you Mr. Sayed.👍
Tum mast ho bhai.... Safe rahna.... Bht sare agent pouch rahe h tumhara address in market.... 😊😊😁😁
🌟🌟🌟🌟 *स्टार* 🌟🌟🌟🌟
*न्यू फैमिली हेल्थ ऑप्टिमा*
(2 मई से लागू)
*पालिसी की महत्वपूर्ण विशेषतायें ----*
मात्र 35 रुपये प्रतिदिन से भी कम खर्च में अपने परिवार का स्वास्थ्य बीमा कराएं और हॉस्पिटल में लगने वाले खर्च से मुक्ति पाएं ।😄😄
👉 यह एक फ्लोटर पॉलिसी है, जिसमे एक ही प्रीमियम द्वारा सम्पूर्ण परिवार (पति, पत्नी व् अधिकतम 3 बच्चे 25 वर्ष से कम उम्र के) को शामिल किया जा सकता है ।
👉बीमा राशि का उपयोग परिवार का एक सदस्य या सम्पूर्ण सदस्य अपनी आवश्यकतानुसार कर सकते है ।
👉 प्रवेश की आयु सीमा 16 दिन के बच्चे से लेकर 65 वर्ष तक के व्यक्तियों की है ।
👉 पॉलिसी का नवीनीकरण आजीवन रहेगा ।
👉 50 वर्ष से अधिक के व्यक्तियों को मेडिकल जाँच कंपनी के खर्च पर करवानी होगी । जिससे फिलहाल छूट दी गई है।
🌟 *पॉलिसी के लाभ* 🌟
👉 अब 20 ओर 25 लाख का बीमाधन भी उपलब्ध *New*
👉 अब 5 लाख से अधिक बीमाधन वाली पॉलिसी पर सिंगल स्टैंडर्ड ए.सी. रूम *New*
👉 नो क्लेम पॉलिसी पर प्रतिवर्ष हेल्थ चेकअप फ्री *New*
👉 5 लाख से अधिक बीमाधन वाली पॉलिसी पर एयर एम्बुलेंस सुविधा *New*
👉 बाहर मृत्यु होने पर शव पॉलिसी पते पर लाने हेतु खर्च का प्रावधान । *New*
👉 सभी डे केअर प्रोसीजर कवर *New*
👉 मोतियाबिंद को छोड़ कर किसी भी डे केअर इलाज की कोई सीमा नहीं । *New*
👉 नो क्लेम बोनस 100% तक, पहली बार 25% उसके बाद 10% प्रति वर्ष वृद्धि *New*
👉 3 लाख एवमं 4 लाख पर 25% ,5 लाख से अधिक सभी बीमाधन पर 1.5 लाख ऑटोमैटिक रिचार्ज सुविधा *New*
👉 रीस्टोरेशन (टॉपअप) 3 गुना,
5 लाख+ 5 लाख + 5 लाख *New*
👉 25% अतिरिक्त बीमा कवर
दो पहिया वाहन से एक्सीडेंट होने पर (हेलमेट व लाइसेन्स अनिवार्य) *New*
👉 आयुर्वेदिक, होम्योपैथिक व यूनानी चिकित्सा खर्च
10000 से 20000 - तक *New*
👉 इनफर्टिलिटी खर्च कव्हर
1 से 2 लाख तक । 5 लाख से अधिक की पॉलिसी पर उपलब्ध *New*
👉 सेमी प्राइवेट वार्ड लेने पर
800 से 1000 रु. का अतिरिक्त डेली कैश बेनिफिट *New*
👉 अग्रिड नेटवर्क अस्पताल (ANH) में इलाज करवाने पर
5000/- का अतिरिक्त बेनिफिट *New*
👉 द्वतीय मेडिकल ओपिनियन सुविधा फ्री *New*
👉 5 वाली पॉलिसी में मोतियाबिंद खर्च सीमा 40000/- एक आंख व 60000/- दोनो आंखों के लिए *New*
👉 इमरजेंसी एम्बुलैंस शुल्क
👉 सभी डे केअर बीमारियों की इलाज सुविधा । *New*
👉 न्यू बोर्न बेबी कव्हर 50 हजार तक ।
👉 इमरजेंसी परिस्थिति में अस्पताल बदलने पर 5 से 10 हजार तक का अतिरिक्त बेनिफिट । *New*
👉 गंभीर अवस्था में घर पर दिए गए उपचार का खर्च, कोई सीमा नहीं ।
👉 बीमित व्यक्ति की अंग दान करने वाले का भी अस्पताल का खर्च 1 लाख तक ।
👉 नवजात शिशु को जन्म के 16 वे दिन से बिना प्रीमियम भरे पालिसी में कवरेज, माता पिता का पॉलिसी में 12 माह रहना जरूरी ।
👉 3 लाख से अधिक के बीमाधन पर 100% + 100% + 100% आटोमेटिक रिस्टोरशन सुविधा उपलब्ध बिना किसी अतिरिक्त प्रीमियम पर । *New*
(5 लाख पर 15 लाख का टॉप अप सुविधा)
👉 ऑटो रिचार्ज या इमरजेंसी राशि का प्रावधान 3 लाख से अधिक के बीमा धन पर उपलब्ध
👉 क्लेम रहित वर्ष के बाद 25 से 100% बोनस सुविधा *New*
👉 अस्पताल में भर्ती होने पर (जिस बीमारी के कारण भर्ती हुए है) 60 दिन पूर्व व् छुट्टी होने के बाद 90 दिन तक लिए गए सम्पूर्ण उपचार का खर्च
👉 कंपेशोनेट ट्रेवल सुविधा रिलेटिव के अस्पताल पहुचने का खर्च अगर पॉलिसी पते से दूर भर्ती होने पर । *New*
🌟🌟 *क्या नहीं मिलता* 🌟🌟
💉 प्रथम 30 दिन तक दुर्घटना को छोड़ कर अन्य कोई जोखिम शामिल नहीं
💉 पालिसी लेते समय पूर्व मौजूद बीमारियोंं का कवर 4 वर्ष तक नहीं
💉 मोतियाबिंद, ग्लूकोमा, रेटिनल डिटेचमेंट/मेक्युलेर डिजेनेरेशन, रीढ़ की हड्डी की गद्दी का खसक जाना, वेरिकॉजवेन्स, प्रोस्टेट ग्लैंड, नाक की हड्डी का टेढ़ा होना, साइनस संबंधी रोग, टॉन्सिल्स, थॉयरोएड, हर्निया एवम् जन्मजात बीमारियां,
गलब्लेडर, मूत्रतंत्र सम्बंधित रोग, पथरी, बच्चेदानी का ऑपरेशन, महिलाओं की आतंरिक बिमारियों, घुटने के जोड़ सम्बंधित व् मेरुदंड सम्बंधित बिमारियों को 2 वर्ष तक कवर नहीं किया जाता है ।
🌟हॉस्पिटल में भर्ती होने पर मिलने वाले लाभ 🌟
👍 5 लाख से अधिक की पॉलिसी ओर सिंगल स्टैंडर्ड एसी तक रूम
👍 डॉक्टर की फीस
👍 नर्सिंग चार्ज
👍 दवाइयों का सम्पूर्ण खर्च
👍 जांच का सम्पूर्ण खर्च
👍 एम्बुलेंस खर्च
👍 स्पेशलिस्ट डॉक्टर की फीस
👍 ऑपरेशन खर्च
व् बीमारी से सम्बंधित खर्च क भुगतान पालिसी के नियम अनुसार किया जाता है।
Yesterday I went to hdfc bank for open my FD account rupees 100000 and they told me about ULIP plan and I was convinced but I told them that will on Monday now after watched this video I feel relaxed that I was not invested in in ULIP. Thanks for this information.
I have invested ULIP plan 1lk and after 5 years I got 8.34lk...aur wo bhi tax free...!!
ULIPS like HDFC Click2Wealth & ICICI PRU-Signature give equal returns somewhere around 12 to 18% like Mutual funds in the long term...They have very low charges compared to other ULIPS
I have also invested in HDFC click2wealth in 2017 and it has given me 39% returns till now after 4 years. Therefore, ULIPS are not that bad! :)
@@abhishekkmr001 stay for at least 15 Years…to reap better or equal benefits of Mutual
funds 👍🏼
I have also have tata aia sampoorna suraksha
Bajaj Allianz has 0 allocation charges which is usually the heavies when it comes to charges under ULIPS and let’s not forget that this is the only product which is giving non taxable returns
@@abhishekkmr001 i also own ulip and got a fair returns, but what will happen at the end of tenure 10yrs , is there tax benefits, i heard only 1.5L is exempted rest of amount we have to pay taxes
Hi Mandeep, Can you enlighten us about "SBI Life Sampoorn Suraksha" scheme in YONO. I hope it'll be very useful for our community members. Thanks in advance.
Hi I just want to say that ULIP < Mutual Funds + Life insurance. But I had a ULIP plan which gave near about 12% return. I invested 1 lac a year for 5 years (5 lac investment) and on 6th year I got a an amount of 8 lacs.
The drawback is of health cover and lock-in period. Returns were pretty Ok and it is not as disastrous as it seems to be.
I invested 30000 for 10 yrs. And my fund value is 7.5 lacs approx now. So I think return is quite good. I agree with you.
Bhai aap khud youTube se paisa kamana chahte ho mutual fund me LTCG tax pay karna padta hai life cover nahi milega exit load pay karna padega particular 1 fund hi milega ye sabhi baate bhi batao na
I invested in Bajaj goal assure ulip, in it fund switching is totally free and mortality charges given back at maturity. Then what's the problem with ulip, kuch bhi bolta hai.
In mutual fund you can't switch funds but ulip you can switch between large cap to debt fund any time. In India most people invest in ppf then it is good to go with ulip. Just think.
@@vickydandia1327 Why don't people understand , agar tumhe insurance hi chahiye tho 11k mein 1 crore ka ayega, Baaki paisa stocks and debt mein invest karo, and one more thing if ulip's are returning more then it means stocks are doing good again what ever you get in ulip usmein jobi paisa tumhe miltha hain usmein cuttings Mutual funds ke expense ratio se bahuth jyadha hota hain... Ulips are good for people who want others to eat what they earn.. simple!!!
@@vickydandia1327 hi vicky! Can you please elaborate your comment about LTCG tax and exit load? Thank you
Sponsors of video are upstox and I got ad of Groww 😂😂😂
Maine bhi chaar saal pehle SBI ulip me daal diya tha 😭😭😭
Aur ab ye video dekh ke mera dimaag kharab ho gaya...
I just hope, baaki log jagruk ho jao pehle hi...
Don't worry. Every thing has its black side which is not shown to us.
ULIPs are good but you must not put most of your saving in it. And beside it you should have Term Insurance.
Only mutual fund agents hate ULIPs.
Bhai aisa nhin hai ulip hai but ye aapko return de dega
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
Don't go by plain words.....just know that surrendering ulip policy before 5 yrs will attract tax penalty.as it become part of your annual income...so kindly get to know before act on it....
Vedio dekhkar log idar se udhar ho jate hai or apna nuksan khud kar baithte hai
RIP for those who is having ULIP and watching this 😂
You are so evil 😈 😄😄
🙁😔😭😭
Shi h
😢😢😢😢
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
You have good information. But one suggestion, keep speed low. But for ULIP, I have few points:
1. It gives insurance cover, of course small. But it is along with an investment plan. If one goes for pure insurance, ULIP is not for them.
2. You have compared it with mutual fund which is not comparable. MF is purely an investment plan, without insurance. So better you compare ulip with some other product with similar features.
3. But I agree on the whole that the tiny cover which one gets in ULIP is of no value/sense. That much small insurance does not help in case of death. So either one should take endowment policy for assured cover at lower cost and MF for investment purposes.
4. Appreciate your gesture for explaining limited utility /features of ULIP.
Thanks.
2.
I had bought Tata Fortune Pro (Ulip) with a premium of 50k p.a. This year i had paid the last premium. As per the premium i had invested 2.5 lakhs. Now my current value is showing 386000. I dont know whats wrong in this bro. Its a good plan. And as per your video you are saying that "mutual fund me 2 saal baad nikal rahe he paisa to bewakoofi he kyuki 3 saal ka lockin he, to ye cheez ulip par bhi applicable he, jab invest kiya he to 4 saal me nikalna hi kyu he" 😅
Sir, yourvideo starting is cool ..
Using 2 Wheeler instead of car ..fan instead of ac...great
I guess every Indian middle class person has that one distant relative "Chacha" who's an LIC agent and he talks you into buying such bad schemes.
One of my Chachas has made me buy Postal Life insurance's endowment plan which I've been regretting since I've started learning about personal finances. Looking forward to your Endowment related video for a suggestion about exit strategy. 😊
Main baat Mandeep ne ekdam last me kahi ki meri link se Demat account open kare.
At last he also become agent 👏👏
Bhai uska ghar usse hi chalta hai😝
Ek dam sahi public ko confuse krke
I made this mistake. Should've done more analysis before getting into ULIPs. I am trying to file a cancellation on this since I have free lookup period remaining. Thanks for opening my eyes :/
Where is the superlike button RUclips ?
I just want to press it.
Thanks Mandeep for opening my eyes I will definitely stop ulip plan which my parents are paying high premium I really missing big opportunity to compound my money as my parents are saying me that "LIC hona chahiye return acha milta hai"
Me too but found this video very late
Iski bate mt suno.paisa duba doge sara
@@VikasSharma-kz7qo to app batado konsa plan hai apke pass???
@@VikasSharma-kz7qo ULIP plan se paisa dubega..ULIP khud Mutual fund me hi invest karta hai..ULIP khud se money generate nhi karta..
Mera ek friend bhi Ulip agent hai usne bhi exactly same line bola tha.... Tax benefit, and last wala maine apne pure family ka ULIP plan Kara liya hai😅🤣
I buy 2 ulip plan for 5 years locked period I pay annually 1.5 lacks rupee I total pay 7.5 lacks after 5 years Surrender income is 1380000 other policy value now 147000 Tata Aia life insurance I m happy with Tata Aia
I know mutual funds are better than ULIPS in terms of return but both schemes have different pros and cons.. As ULIPS are tax free and also switching is available and they are bit less riskier than MF...... On the other part mf is good too but both are diff.
Sir can you please explain difference between index fund and mutual fund and also tell which is good?
Thank you 🙂
Index fund is also a mutual fund there r different types of mutual fund
Small cap fun larg cap fun
Index is nifti 50 , nifti bank they r group of top 50 stocks , bank stocks
Ur money will be added only in that stock
This guy is talking about commission of agents but he himself is promoting to get a demate account from his link so that he can get commission. What an irony
Next month I'm planning to take life insurance coverage...I'm 25 years now I was zero knowledge about it I watch 2 video of You. But explained it very excellently..... Thank you Brother! ❤️🙏
Sabse pehle term aur health plan lijiye aur uske baad agar stock market ki knowledge hai to direct stock me investment kijiye ,aur agar usme samay nahi de sakte hai to mutual fund ya sip kara sakte hai ......
Very nicely explained Sir. Only few days back some agent from Motilal Oswal called me up for ULIP in ICICI I did not do it as I am only investing in MF direct.
I work for ICICI Prudential. I sold one ULIP plan 8 years ago , my customer called me a week back saying the money isn't increasing at all... After watching this video I am only focusing on Term and Endowment Plans. Thank You Mandeep !
If u work for ICICI prudential, i ahve a question for you.I have ICICI PRUDENTIAL INVESTSHEILD CASHBACK PLAN. Its premium is 15000 yearly. Should i withdraw it or keep it as it is
I am happy to share with you a new UNIQUE product which we have introduce in Insurance Industry First Time.
Here Are The Benefits::>>>>>>
1> Life Insurance Start With 50 Lac
2> From Age 18 Till 60.
3> Choose Policy Term 30 Or 40
4> Flexibility To Pay 5/10/12/Regular
5> Accident Cover From 50lac Till +
6> Permanent Disability 50lac Till 2cr
7> Hospital Benifit 10lac Till 40lac
8> Criti Care 20lac Till 1cr
9> Major 40 CritiCare Disease Cover
10> 11 Best Fund Options To Select
11> Smart Investment Option
12> Best Funds To Get Best Returns
13> 2 Pakage Option
14> Tax Benefit
15> Most Trusted Brand
And I Am Param Rakshakarta Here To Give You Best Service.
Please elaborate why endowment plans ??
Most chutia company ever
Mis selling ka Badshah
@@technicalassistanthelp8744 Tata Aia 😂
Today only i was piched about this ulip . I am saved now.
Very informative..but bro i took sbi life for 30L in 2017 and in 2024 its giving me 70 lac…..so now u tell me we are the people who doesnt have that much knowledge..if i keep it till 2027 ut will for shure going to give me aroung 80-85…long term and correct funds should be your priority
Bro my parents have started 50k yearly lic policies for me when i was in college.. they have paid it for 3-4 years and now it came to me.. now i am trying to become "Jagruk Janta" and want to understand how i can correct my investment. Please make some videos on lic policies.
stop paying , and when after few years the bonus accumulation is good , withdraw from it.
pay krna bnd kro
Go with lic
I am so sad and helpless my father did not listen to me and got a ULIP done recently
Haha same people of that generation are very stupid including my father
I hope ULIP taken on his name.. Then You make on your name same combination that will of insurance cover as that of ulip through term life and balance amount remaining from ulip premium investing into fund like Mirae Asset Emerging Bluechip growth fund direct plan...
Time will teach him a lesson if he is not letting you talk... 😷😷
Show him this video and these comments, he may change his decision and instantly return the product.. Better late than never.. It's your hard earned money, so you yourself need to be cautious for any financial product decision instead of following sheep's way...
Best luck and Happy investing !!
Thank God We have a person like you, thank you so much for opening everyone's eyes 🙏🙏🙏
1. To contradict your sayings :- Many ULIP have 105x Premium like Bajaj Invest Protect Goal & HDFC Smart Protect Goal
2. Obviously ULIP Ratio will have different charges but looking at illustration you can clarify your charges and yes charges in Insurance policy will be same for whole life but it is an expense anywhich ways which will be charged higher in initial year for compensation in future years
3. Yes you need to deposit only excess money which you will need in long time future life but look at returns as a whole after 40 years it has liquidity issues but yes if to invest for long term 100% weeks need to invest in ULIP if we are below 30
Hi Mandeep bhai... thanks to you and your team for the awareness you are spreading...I have term insurance of 50lac.. when I took it my salary was very less.. but now when things have improved I want to increase my cover.. should I take a new plan or Is there any option to make changes in existing plan ?
Take additional or talk to same company to increase premium and compare
You will have to buy a separate plan same plan can't be enhance as this is a term plan.this man has half cooked knowledge because many ULIPS ARE DOING BETTER THAN MUTUAL FUNDS. there is pro and cons of mutual fund and Ulips. Ulips are better in long run which means 10yrs and beyond their cost structure is such that after five years virtually their won't be any charges except fund management charges.
@@hellochandra8017 check out the charts , and then speak for yourself. ULIPS are invested in funds . Funds just like Your mutual funds but a bit different. Both mutual funds and Ulip plans are invested indirectly in the market by the fund manager , So whatever you do, Mutual fund and Ulip will earn same . Stop the ganja you taking and educate yourself.
@@hellochandra8017 now we know for sure that you're an agent... LOL
Fantastic video! You are doing a great service helping people understand the pitfalls of mixing insurance and investing.
Is Tata AIA Param Rakhshan 3 a good ULIP ? For 25 year old non smoker person 1 Crore cover along with riders like Accidental Death and Accidental Total & Permanent Disability premium is 66500 for 12 year plan ? And at maturity (40 yrs hence) it returns 22 lacs at 8% and 72 lacs at 11%
Returns are subject to market performance
Should one buy this plan ?
Mohit Soni said that he invested 1 lakh per year for 4 years. So basically a SIP per year. And he got back 4.43 Lakh after the 4th year which is essentially an absolute return of 10.75% ((yearly 2.68% absolute return)). He mentioned in the video only the absolute returns and not the XIRR which is the correct measure of investment. If we calculate the XIRR, it comes out to be 7.26% which is reasonable.
Bhot Mehnat kiye ho video pe..waste nhi jane denge #Jagrukjanta
Hello Sir, your videos are really an eye opening .. you are doing great job with perfect calculations, examples and comparisons ..
Just one request i am seeking a video where i can understand PPF vs SIP ... Deep and humble request if you can present video on this as well
I purchased hdfc click to wealth plan before 5 years.. According to me it is a good investment for long term holders.
I’m still in process of studying various types of plans and when I first saw this video, that appeared as eye opener. But there’re few problems in your assumptions. You’re assuming for 1cr of sum assurance, the premium is going to be 10 lakhs per year which is absurd. Consider Tata AIA sampoorna rakhana plus plan for eg, the sum assured is 1cr (plus another 1.3 cr for other riders such as critical illness, Hopi care etc) the premium is around 90k per year only. This is comparable to normal term insurance plan with critical illness rider. So can you just enlighten as to how this is a scam?
I am too confused with this
16:07 Calculation of interest in the example mentioned in the video is not correct. Assuming annual instalments of ₹1,00,000 for four years and a final return of ₹4,43,000 the rate of interest can not 10%/4=2.5%, since the ₹4,00,000 invested is not through single payment at the start but staggered over four years. Hence, we need to calculate the free cash flow instead for four years to get the actual internal rate of return, which comes out to be 6.85%. Kindly be vigilant of such discrepancies.
Yes you are correct. 2.5% will be the return when you are investing 4lac in one payment in first year.
Iss video ko zyada se zyada share karo taaki miselling ruk sake
ULIP is product for investment & 10 times insurance of annual premium is additional benefit provided to customer , so customer who is investing Rs.5 lac in ULIP can also have 1 crore Term insurance of Rs.10 k which will be total annual investment of rs.5.01 lac with life cover of 1.5 crore Insurance. & If you invest in ULIP for 7 to 8 years you may see the growth of fund by 15 to 18 %.
Bhai ye jo banda h n,, it's awesome yrrr.. Sab kuch itna simple aur clear smjha deta h,
Keep it up bro 😘😘 aap bhot acha kar rahe ho🎉🎉🎉🎉🎉
I have already invested 5k per month in Bajaj Alliance ULIP for 15 years! And the return till now is around 20% rest I have invested 7k in mutual fund also. So is this okay ?
Jawab nahi milega kyu ki apko ULIP me 20% ka return mila hai… aur ye Mandeep ke Mann ko bardaasht nahi hua.. BTW keep going with your both plans
@Vipin Saini.. Bhai..Can we connect to talk on this more..i also invested into this..need some guidance if urs..
How to Close a ULIP Plan ?
Please make a Video on this , Step by Step.
Please 🙏
Don't choose
If we have taken then
@@LabourLawAdvisor Please make the video of How to close Ulip plans?
HDFC Sampoorna Nivesh has an option of 10- 40times insurance cover of 1st premium.
Yearly 4 fund switching free.
No surrender charge after 5years.
Check HDFC LIFE opportunity fund.
Not everyone are eligible for term insurance.
For more info
ADARSHASUBRAYA@GMAIL.COM
@@LabourLawAdvisor sir please surrender video bano
Who have come here after seeing CA RACHNA RANADE ULIP PROMOTION VIDEO... SIR THANKS A LOT I SAVED NEARLY 12 LAKHS RUPPEES BUTSTILL MY FATHER WAS NOT READY TO HEAR ME BUT I FINALLY MADE HIM ATTENTIVE REGARDING ULIP GAME .. THANKS A LOT
We all know that this is our favourite channel!
Thankyou so much for your informational videos. I have been watching it back to back. Can you please make a video specifically of surrender values? I am sure many people like me want to learn about how it works...
My father who once used to be in insurance industry, always asked me to stay away from ULIP & Child insurance plans..
these shits are emotional blackmail.
-& yes he himself stayed away from making people have these plans ended up leaving that industry for obvious reasons from seniors 😂.
Bhai mai bhi fas gaya hu ULIP mai. Completed 5 yrs in 2021, now planing to limit investment for 5 yrs only. Bht chuna laga diya ICICI ne. :(
Thank you so much sir
I bought a ulip plan in the feb month and I’m paying 5625/- per month but now meri aankhe khul gyi thank you for saving my money
Do you show some comparison of ULIP and Mutual fund??
Bolo Mandeep bhai… chup kyu ho
Axis bank sold me ULIP in very wrong way. These agents can cross any limit to sell useless policies.
Exactly
Haha same thing happened with me , but i fucked them back 😀
@Simran Saini : But How ?
@@simran9312 I am doing same, currently I am in free lookup period and asked them to cancel the policy, also filed a complaint to IRDA. Hopefully, everything will go right because I have been totally mislead by Axis Bank employees.
Same happened to me.Hdfc bank relationship manager sold me ulip in very wrong way.
Totally misguided
ULIP in opportunity and discovery funds have high returns and adjust with tax saving, this will be much higher.
Just keep in mind not to invest more than 2,50,000 in a year. Entire maturity is tax free.
Thank you so much for this video. I got the same pitch for selling the ULIP plan as you showed in the beginning of the video. Thanks for the guidance and saving my time, money and energy with the investment plans.
Thanks for your video. Whats your opinion on 4g ulips like hdfc click2wealth ulip plan for investment purpose only?
Partly true.....but no product in the market could be discarded like this. If it were true, regulator/ government would have banned it.
ULIP agent identified. 🖕
I bought 3 ULIP plans 5 years back. I literally bought another ULIP yesterday. I did not want to but I did. I was searching for the content on ulip and I found this video. Thank you for this video.
I am going to withdraw all of my money.
Thank you again.
I somewhat disagree ulips are not that bad as potrait I agree that you cannot compare ulip with Mutual fund as it's like comparing tea with coffee each one has its own pros and cons and with new age guidelines ulip generates less commission than mutual funds in whole life time and additionally if u invest upto 2.5 lac govt cannot touch ur money
I don't getting any commission sharing this info hope it helps ppl
So as thumbnail suggest isse acha paisa jala do I disagree with that as there are vast majority of clients who are not having insurance and not eligible for term plan
Best Regards
My father just expired and our relatives started recommending different policies and schemes..some one also suggested us ulip thanks to you for making this video now I can definitely say noo to them with facts👍
Go With ULIP Ask Product Illustration Bhai He Is Already Promoting Term Plan Link Which Gives Him Higher Commission Than Everything
@@vikashdubey6170 how do you know
@@Suniana085 What
Iska kuch mat suno, do your own research......ye bhi policy agent see kam nahi hai, in this video also he has not given complete information about ULIPs
Rachana ranade who you Collab with is scamming with ulip now
What???
@@SnigdhaParida watch rachana ranades latest viddo
Just checked. It's sad!
@@SnigdhaParida sad is this video… Rachana Ranade is a qualified CA and this guy is misleading people in this video…. Really sad
@@nands4410 link?
Thank you Mandeep ! This video saved me from falling into scam by my bank relationship manager !!!
Sir ji aajkal naya fraud chal raha he
Mujhe ek call aya
Ki sir 5000 ki sip karni he 5 sal tak
Bahut achcha return degi and apako insurance cover bhi milega
500000 ka
Than i understand wo sip k nam par insurance bech rahe he..
This guy is fit tuber in investment world. 💯
Haha..fittuber is youtube's Ayush Minister for the generation
Sales wale toh humanity bhul gaye 😂
Sir, apke waja se, mujhe yeah pata chala ki mai application karne ki 14 days ke andar apna money back kar sakta hu. Agar aap yeah nahi bolte to mai isko Jan hi jahi pati. Maine ulip se cancel karne ke liye mail kar diya hai. Thank you so much sir. Cordial regards .
Bhai mere uncle ne meri lic 852 ULP PLAN . Ab 5 saal tak to wait karna padega .