Mis-selling is not uncommon during the sale of financial products. Many of us buy investment products with a false impression of the product. While salespersons/advisors are the culprits, we, the investors must share the blame too. We rely too much on the illustrations and pamphlets shared and do not care to look beyond those fancy documents. Advisors/salespersons, on their … [Read more...] about SBI Life Smart Elite: How do you mis-sell the plan?
ICICI Pru Signature ULIP
I must confess that the article headline is a click-bait. This is not a post to review the ICICI Prudential Signature Unit Linked Insurance plan. I have picked up this plan because it is a new low-cost product from ICICI Prudential Life. The intent is to address a much bigger topic about ULIP charges. In an earlier post, I had discussed the impact of ULIP charges on returns but … [Read more...] about How do you lose Rs 2.2 lacs by investing in ICICI Pru Signature ULIP?