Your Age affects the returns in Traditional Plans and ULIPs
Yes, your age at the time of purchase affects the return that you earn in investment and insurance combo products […]
LIC New Jeevan Anand
Consider this if you are planning to buy a Deferred Annuity Plan
Even decent investment products can be mis-sold. How? Better explained with an example. A Nifty index fund is a low-cost
Stay away from LIC Jeevan Utkarsh
LIC has come out with a new packaging. The reason I say this is that the product is not too
Financial Planning, Insurance, Opinion
Review: LIC Jeevan Umang (Plan 845)
LIC Jeevan Umang is a non-linked participating whole life traditional life insurance plan. The meaning of whole life is almost
Insurance
Benefits from LIC New Bima Bachat Plan are taxable
This has nothing to do with LIC. It has to do with the fact that LIC New Bima Bachat is
Insurance
Non-Participating Traditional Life Insurance Plans: Why this fixation with Sum Assured?
With non-participating traditional life insurance plans, returns are known upfront. Unlike participating plans such as LIC New Jeevan Anand, the
Insurance, Opinion
PFP Primer: Participating and Non-Participating Life Insurance Policies
A Participating life insurance plan, as the name suggests, participates in the profits of the insurance company. So, if you
Opinion
Time is Money and Life Insurance Companies exploit it!!!
Will you prefer to receive Rs 100 today or Rs 100 five years later? Will you prefer to receive Rs
The Problems with Endowment plans
In my many posts on traditional life insurance plans, I have tried to make simple excel models to demonstrate that
Insurance, Opinion, Product Review
What’s wrong with LIC New Endowment Plan?
I have reviewed many traditional plans in this blog. The conclusion was same in all the cases that the plans