Term insurance link.lla.in/Term-insurance Get Best Life, Health and Vehicle Insurance: link.lla.in/policy 💸DEMAT Account: link.lla.in/Demat SIP Calculator: labourlawadvisor.in/calculators/sip-calculator/ Term Insurance Video: th-cam.com/video/aTQUB_1jREg/w-d-xo.html Term Insurance QnA Video: th-cam.com/video/wETGWFYsqMM/w-d-xo.html Insurance Angles TH-cam Channel: th-cam.com/users/InsuranceAngelsvideos
@@LabourLawAdvisor agar koi maan lete h 1 cr kamaya stock market se and usne ltcg diya 10 % to 90 lakh bacha to kya use ab uspe 30 % ka income tax v lagega
You have saved my father's hard earned money which we were going to invest in ulip thanks to you for spreading awareness which is not usually given to girls
Than buy a ULIP but in young one names and not in name of your father Because of his advise, you are losing such a great source of tax free capital appreciation.
@labour law advisor Dont Make your decision by just watching a video on youtube. Ulip is good product which gives you Death benefit + Tax savings + opportunity to invest in market.
They do have this in curriculum bhai...but uske liye finance and commerce ki side mein jana padta hey....science,doctor, engg ki line mein nahin....stop complaining..start learning
@@gamerz_2k I'm from commerce stream and I haven't read or seen this in my curriculum and sometimes when there is a scope of change then raising voice or giving feedback is good it's not complaining bhai So you should better understand the perspective first before saying anything based on your perception made out through those motivational quotes
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
I worked in a bank for a year. All our branch members were forced to bring in policies and in case we could not,we had to buy one ourselves to achieve the target. The products were not competitive too, because in our training itself, a mentor had said that if we sold only on the basis of merit of our products, no one would ever buy a single policy from us, so we should improvise aka mis-sell. Every other day there would be a "login day" where we had to log in the number of policies we had sold. There was too much pressure, and those who could not sell policies were ridiculed and talked down.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
True... company doesn't directly involve in unethical practices but they pressurise thier employee's to the extend that they are forced to mis sell, although the irony is they always keep saying to the employee's as well that they are against unethical practices...
I literally made the investment agent for explain for 4hours, understood most things, like term insurance, ulips, bla bla bla. Did the math in front on him, that I learnt in school. And asked him, we will talk profit later, I don't see most things breaking even in 25years. I could see those agents looking at each other's face with no answer. My colleague's (all highly educated) had blank expressions. And here I am looking at your videos, and getting even more hidden information on those things I already rejected based on common sense. Glad I could see thorough those lies.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
You are doing good Mandeep i have also facing same problem with my mom she has taken a ulip paln than i know from your video quickly take decision shut the ulip paln my 1 lakh rupees also stuck in ulip paln thanks for your information .
Brother your saying is really true,i m also a employee of life insurance company since 4 months but i am not a person who give someone ulip advice,Even you talk about cultures of banks and insurance companies are true. This video is a eyeopener for retired people insurance company takes all of your money trust me never ever invest in endowment plans or ulips. It will vanish your retirement fund.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Sir you have my deep respect as many a times people are being cheated by institutes as they don't have proper knowledge. Please make a detailed video on this and ways to tackle it so that people can be beaware.
Bhai even I was fooled by an insurance agent in my college days as he gave me an whole life insurance policy but thanks to you when I started watching your vidoes I got much educated about insurance.i cancelled all my endowment plans and I invested all that money in mutual funds and my profits are touching the sky..I am very much thankful to you bhai for educating people.I will erge all the Indians to follow Mandeep bhai and watch his vidoes to get educated.Stop getting fooled by the insurance agents.Dont give your hard earned money to these insurance companies..
Bhai mat down kar yahi log nhi smjhte 🤦🏻♀️ same amount dega mutual wala hi bhai thorda kam hoga but iske alag benefit h or death ka claim bhi bhot acha h Mutual wala hi paisa h isme long term m short term m nhi
Thank you so much for this video We have just purchased the ulip and today I watched your 2 videos on ulip and I’m going to cancel it in the free look period. Thanks alot
Thank you man. Your logic and explanation is very good. Helped me make my decision on which Term Insurance to take . Unfortunately, I have invested in a ULIP. Hoping to come out of it as soon as I complete my lock in
you have saved me by educating about what ULIP actually is I had one of my relative selling policies, he also didn't clarify me about things you did he instead tried to hide terms from me when I asked, seriously people are crossing lines
Last thing mentioned in video recently happened with me via policybazar. Agent was trying to sell ulip just by not telling it is ulip and its different charges. Thanks for your videos. It was crystal clear and i was able to save my money by making that agent angry :D
Please make a video on Home loan , education loan especially HDFC vala is selling insurance along with these. Also for education loan he is pressurising student to take half of the amount by fear mongering the students saying that we will not be allowed for visa and all.
Love you sir. App log bhut achaa kaam kr rhein hai.. Sir m bank or insurance company m work kr rha...or m ye sb dekh rha kaise logi ko bnaya jaara mujhe bhut bura lgta h m kuch kr bhi ni para inlog ko aware krne me... Aap log bhut achaa kaam kr rhe sir mera bs chlta to sabhi bank k bhr mikes ponga lgwaa k logo ko har hafte aware announce krtaa ... Sir mujhe ye sb kaam ni krna aap log jaisa aachaa kaam krna h help kro n meri bhi chota he sahi aachaa kaam krunga khus rhungaa...😢😢😢❤luv u all❤❤... Kbhi bhi bank wale insurance walo kaa naa sunoo kro apni he sari research krne k bdd...
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
@@iammayurraj ha bro itna hi ulip achha he to phir bank manager written me kyu nahi dete ki apko Return xxx milega. Bank manager to bas bol deta he ki gurantee itna xxx milega but jab written me mangte to baate ghuma deta hr
Abe mere bhai ulip market base plan hota market ka koi hisab hotabhai kya kitna jayega, sensex dekhta hai bhai knowledge hai, uski ? Ups & downs ki kya tum jante ho log paisa tripple se bhi jada kar lete hai ulips mak shares mai....??? Fix kaise hoga likh k kon dega btao chlo ulip mai funds mai shares mai average dekha jata hai bhai 5 saal 10 salo ka average returns dekha jata hai
@@iammayurraj bhai me yahi bol raha ki.... Maager ye kyun nahi kahta ki market ke hisab se apko paisa milega... Wo to guranteed bolta he.. Haan 1 aur baat usne bank me poster bhi chipkaye ki gurantee apko itna xxx return milega....
Last me Sahi Kaha Apne Aur isme ek bat aur hai ki agar Kisi ne paisa endowment plan me Dal Diya to ek premium dene par paisa Milta hi Nahi jab tak 3 premium pay na Karo Aur 3 premium pay Karne ke bad bhi 70% Ka loss Jisne Pura retirement Ka paisa Kisi aise froad ke chakkar me laga Diya to uska hal uska Dil aur bhagwan Janta hai bas IRDA ko in mamlo me aur jyada sakht Hona Chahiye
Sir please upload more frequently as we are waiting for eye opening facts and offcourse for knowledge..60+ k retirement fund ko kaunsi place me park Krna theek hoga
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
I don't think I need any other video to watch to know the cons of ULIP. Thanks for sharing this info. I also have one ULIP and it has given me 19% returns. Lock in period of 5 years is over now I will withdraw the amount and put some amount in mutual funds.
Thank you Sir ! Very well explained..Also time 27:20 as you said jab FD banane jate hai same que. first back groud jan lete hai...then they ask and bolte hai FD nahi ye plan lo ye plan lo..
I've the same Batman Bobblehead.. Batman Fan♥️ I've a doubt; Tax Free ULIP will still be outperformed by Mutual Funds during the same period of investment time?
nope, actually Mutual Funds actually has potential to give more than 12% returns and good(top 3) funds do give returns in 14% range whereas ULIPs won't really be able to compete with such high returns.
Bohot hi badia video sir... I was also a direct employee in a company and points you mentioned are really true... Bohot misselling hoti h insurance ki and sabse zyada ulip policies ki... Cust ko bewakoof bnaya jata h keh ke ulip policies mei k day 1 se apka 50% paisa liquid hai... Jab chahe nikaal sakte ho...
Good informative video. BTW you keep mentioning your MF is giving good returns, kindly share details so we can benefit as well. ;) Keep up the good work.
The Returns I've got will now be past returns for you. That is why I don't mention the name because investing on the basis of past performance is not a good idea, among other things. I'll plan a video to explain how to choose good mutual funds
@@LabourLawAdvisor invest in ulip for 20 years. And invest in mf for 20 years. You will see the difference. Ulip will actually be more beneficial in long run.
Thanks sir 👍 Maine isi year ULIP cancel Kiya bahut hi bekar plan tha hdfc sanchay Loss to hua hai bus ab sahi direction main lagaunga taki long term main benefits ho
😂😂😂 brother sanchay par is guaranteed plan and it’s return is less than bank FD and fixed income debt mutual funds. I bought other ULIP plans where you can choose which funds to invest and I am getting better returns than mf portfolio because I can diversify my ulip fund allocation to specific funds.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
When i went for FD in my PNB branch one of the staff told me that there's scheme better than FD...He tried to sell me a ULIP plan...but he didn't say it's a ulip or whatever...he just told it's a scheme...i understood the game and told please don't fool innocent people
For your kind information there is 2% commission on premium (which is for premium paying term only) in ULIPs and 0.5% of AUM in case mutual fund (Which will be for entire tenure basis AUM - Costlier than ULIPS) Now ULIp are tax free ans Mutual funds are not 3rd Both are working on Market and returns will based on co. To co. On an average insurance co. Give 12% avg return. Where co. Like TATA BAJAJ give 16% to 18% return on there funds. Most mutual funds gives 15% -20% so it's at par and in long term they provide good returns as well as there are switches and Redirections from which you can maximize your Returns more than MFs. So benefits are based on individual need and choise. Most Middle class people get benefits from ULIP plans where they get Good returns as week as Small insurance cover for their short term obligation towards family. So ULIPS are different and highly changed in there earlier manner.
As you said, except two charges in online ulip plan can beat MF in long term, that is depend on our decision only, which we are going to select the best fund in that plan...aaj kal toh bahut sare naye funds aa rahi hai ulips me, jo high returns diya jaye shuruwat se hi....
for now you should continue.. now that u have already made an investment, no point of surrendering for extra 2-3% returns. moreover you would be getting a decent returns if invested in good funds, so relax and continue..
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
@Labour Law Advisor great video. Just 1 mistake - Allocation charge is compulsory even for online policies. So ULIP return is even lesser than MF. ULIP can NEVER beat MF.
STOP! Your policy will lapse and you'll get your invested money after completion of the lockin. Now, from the amount you were investing, first buy yourself a term insurance. You can get 1Cr term insurance for around 12k. If you were investing less than this amount per month, then convert the payment term to monthly. This will protect your family. Now, From the rest of the money start SIP (I use Zerodha Coin) in Index fund (if you dont know anything) or a Flexicap Mutual Fund (if you have earlier invested in share market and have some knowledge and strong risk taking capability). You will find that after 2.5 years of this, your mutual fund amount would be much more than what you would have got if you continued with your ULIP. Best of Luck👍
stopping a ULiP would mean, getting a return of 4% and even if that amount is invested somewhere else MF would also generate similar returns considering the fact that only difference is of the charges ulip has, so in my opinion you should continue.. and should not invest in any new ULip, Please chck the funds selection so that the return don't suffer
The mortality charge which they pay back is not given back on absolute basis but on unit basis. If they deduct 100 as mortality charge and nav as at date is 10. The 10 units deducted now will be given back later at market value as at that date. So the loss of time value is not there. This makes a huge difference if ulip is long term
No this is not the case. if in any Ulip Plan mortality is given back that is given back in absolute value basis not on unit basis. ICICI pri signature if you take and study it's BI you can understand
Make series on basic financial literaracy which need of the times. Indians lack it.Let this generation be better prepared financially. This could be significant step to alleviate standard of living and economic well-being.
Death rate in india is 7% + Lets assume 1000 people took insurance of Rs 1 cr per person, for annual premium of Rs. 18000/ year for 10 years. Amount collected by company: Rs. 18000 x 10 x 1000 = 180000000 (18cr.) Lets assume 7% people died, which is equals 70. 1 cr claim per person will cost: 70 x 1cr = 70cr. Loss to insurance company= 52 crore. 1. Insurance is for protection 2. There are companies that give cover of minimum 50 lakh, with added benefit of funds. 3. approx 75% of the amount paid is invested in fund, rest covers your life and some added riders are there as well. 4. for 50 lakh cover, with riders mentioned by Labour law advisor in one video, the yearly cost is around 25-35k approx. If a person is paying 50,000 for a 50 lakh cover in ULIP,. with riders, you're over all paying less. 5. There are plans that allow you to take out all the amount without affecting the covered amount at all. 6. Company also need to make profit, they also have to pay employees. 7. Yes some people do mis-selling. But not all. Even schools and colleges, hospitals, politicians, builders, jewellers do mis selling. You need to aware for sure. 8. Policy bazaar is also getting commission, they're not working for free. Online and through agent, the cost is same tbh. I've checked for both. You can also check. Same plan with same riders should cost same. 9. Always read the documents thoroughly that you receive, to check if there's any mismatch between the agent and the policy terms. You always get 15 days time to cancel the plan. 10. In banks there's always pressure on the employees to sell the products, just like any other corporate company. 11. Apple sell its products at a margin of 70%, shall we call it a scam as well? They use our data, slow down the phones are 3-4 years, dependency on apple's ecosystem is also there. Yes, the insurance plans cannot and should not be compared with the MF. The Insurance is to protect your family and assets in time of any mishap and that's it.
Same yesa hi case mene dekha hai, Main ek village me postmen ki job karta hu, waha par kisi ki policy aai mere pass post ke through aai, or jab me unke ghar ye policy documents dene gya to vo dada ji bol rhe the ki FD ke documents hai kya?, but vo doc FD ke nhi ULIP ke the, uske baad unhone mujhe bataya ki Mene FD karwai thi. Bank Manager ne FD ka hi bola tha ki uske Documents aayege.
I think the video is prepared assuming that the one will invest all money in ULIP. But it doesn't happen the person investing is more cleaver and invest 10 to 20% of annual income & rest 80% use for living and provision for future. At age of 25 years term insurance premium may be 12 k but what if person aged 55 does term insurance premium is same for him? NO it would between 50 to 60 k i think ULIP is best for people who's risk appetite is high & can invest 10 to 20 % of their annual income into it & there will be good returns he may have upto 15 to 18% p.a.The function of SIP is also opted now to invest in ULIP. In bad times i think from rest of 80% of annual income an 20% can be saved for emergency fund in every year. A person earning net 30k per month also can invest in ULIP by investing monthly Rs.5 to 6 k. Considering long term investment of 10 years & paying premium for 5 to 7 years. he may have good returns at any time of withdrawal.
There are ULIPS where alocation charge is zero. My investments in ULIPs have grown with a CAGR of 16% after all charges. Please explain why is it still bad to allocate a portion of my total investments towards ULIPs
Please allow me connect with you, I need some help regarding ULIP. I want to know about your ULIPs. I have invested in ULIPs and I fear that I will loose money and lost my peace of mind. If possible please tell me a way to connect to you.
Which term insurance and direct mutual fund did you buy, sir ?? Actually I am also searching it, just taking a good suggestion from your side and at the end, I want to tell analysis is mind blowing and superb, I cordially congralute you for sharing this type of knowledge
Mandeep! you put a lot of sense in your talks, I have been fooled once. I was forced to buy hdfc policy when all I was looking for was to get into the mutual funds market, the only mistake I did back then was that I asked an HDFC employee to help me with the process. I'm going to stop all my current ULIP plans and start investing in MF. Though I have wasted 5 years of my precious time before realizing the actual loss here. While I look to invest in Mutual Funds I seek some initial guidance on what funds to start with keeping long term investment in mind. Would really appreciate if you could suggest few funds here as of Feb 2023. Keep up the good work dude! TIA
Hi Mandeep' I guess ULIPs are changing these days. There s one form Max life whcih invests on index. Only charge s 1 percent fund management then mortality which s barely 0.1 percent per year. Consider the investment and return s tax free ' its better than mutual funds. However' this s one just plan I found. All other ULIPs have very high charges
this exactly what happened with me. I went for an FD, and after talking for some time, he suggested me ULIP and said I can withdraw whenever I want, and too with greater return. at that time I wasn't aware of ULIP/Endowment, or mutual fund very much. I got convinced and fooled
Tata aia k ulip plus term plan m charges double karke NAV add Kiya Tata hai 11th year onwards....and 5 year k baad agar kabhi premium n de paye to bhi policy continue rhegi
Thank u sooooo much sir aapne skim me fasne se bacha Liya aaaaj mene zingdi ki badi galti kar di bank manager par trust karke investment kiya muje ulip ke bare me pata nahi tha par muje investment + policy vali skim chipkadi me ne sirf search kiya kya result kya he is plan ka result dekh ke meri akhe khuli reh gayi kal bank jake bandh karva ta hu aapka video dekh ke meri zingdi bhar ki kamai Bach gay thank u so much sir
Once, I was inquiring for a term insurance for my wife. My wife does not have a graduation degree yet. This insurance agent was convincing me so hard. she said my wife can still get a term insurance even without degree. She was saying she is the manager and she has never rejected any claims till now. Aap policy lelo befikar. I asked her give this in writing in an official email and document, then I'll consider buying the policy. I also asked her give me your linkedin profile, I want to see if you are real manager or not. She said she does not use social media. What B.S !! Manager and no linkedin profile. She never agreed and when she realized i would not go further without without written email, she immediately rudely cut the call...
@Mandeep Bro Thanks Bro for making video on my tweet and explaining it in detail. I’m sure it will be helpful for many people like me. And sorry if I make you angry for my tweet. My intention was to understand from you on the illustration. Btw, you made me popular 😜
Aapne kaha ki bade investers ko pata nahi hota ki paisa kanha lagana hai par ujhe lagta hai ki unke paas CA hota hai is kaam ke liye Aur CA ne kuchh soch ke hi paise lagwaye honge
Bajaj Allianz Future Wealth Gain ULIP is having no Premium allocation and policy admin charges if you invest 2.40 lacs or more. It has given one year returns of approx 52%...and 10 years CAGR approx 15%...
Sir aaj kal sara format change hogaya hai aaj kal comapny apne employees ko yeh bolti hai hamara ulip market ke 16% return ko bhi beat krta hai (joh ki long term mein milta hai) or yaha tax wagara bacha kr hum 19% 20% takh return le sakte hai
I hv once bought a policy with half yearly premium for 10 yrs, and on the date of maturity the company official of the policy had just handed over me 30k more than the total amount I hv put in during these 10 yrs, whereas the agent assured me earlier (while buying the policy) that I will minimum get double the amount I invested. Felt like to sue him & the company for this fraud.
I also invested 50K yearly in SBI's ULIP named as "Wealth Builder Scheme" which I didn't knew was an ULIP and even the agent didn't tell me but I was fortunate that my uncle made be aware about this insurance + investment scam and I withdrew my money within 2 days of investing in it.
To all the people thanking him and who have shifted their passive investing to aggressive mutual funds investing. I hope you guys know mutual funds are subject to market risk. Don't go to TH-cam or Whatsapp for financial advice, do your own research as well. Investing is not as simple as putting your funds in a mutual fund otherwise everyone in India would have become a financial planner😒
someone sensible ,what u said is really true youtube vedio is easy to listen to but investment iis something which need knowledge ,paitence and a lot of study and cant be done just after watching vedios .though these vedios are a grear help and a boost but your ocndiitons your requirement and everything is to be considere before jumping to mf or shares
कस्टमर केयर बोल रहा की insurance पीपीटी तक ही मिलेगा, एजेंट अब भी बोल रहा की इन्शुरन्स फाइनल payout तक रहेगा, big loss of insurance and interest for me
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Aap alag alag hai kya
Yes
Please make video on where to park money after retirement
@@LabourLawAdvisor agar koi maan lete h 1 cr kamaya stock market se and usne ltcg diya 10 % to 90 lakh bacha to kya use ab uspe 30 % ka income tax v lagega
i always seeking for money knowledge 👍🏻
You have saved my father's hard earned money which we were going to invest in ulip thanks to you for spreading awareness which is not usually given to girls
Than buy a ULIP but in young one names and not in name of your father
Because of his advise, you are losing such a great source of tax free capital appreciation.
@@MINATOYELLOWFLSH2005 yes you're right. I am 24 and i bought this. I mean we should invest money in different buckets!
@@priyankabanerjee3709 the best thing I believe is nifty 50 etf. No need to buy mutual funds.
First study about mutual funds also . Then take the step accordingly.
@labour law advisor Dont Make your decision by just watching a video on youtube. Ulip is good product which gives you Death benefit + Tax savings + opportunity to invest in market.
Colleges and schools should include these things as curriculum
Mandeep is doing such an amazing work ✌👍
They do have this in curriculum bhai...but uske liye finance and commerce ki side mein jana padta hey....science,doctor, engg ki line mein nahin....stop complaining..start learning
@@gamerz_2k I'm from commerce stream and I haven't read or seen this in my curriculum and sometimes when there is a scope of change then raising voice or giving feedback is good it's not complaining bhai
So you should better understand the perspective first before saying anything based on your perception made out through those motivational quotes
ignore that 10.35% mistake, it is actually 10.65%. It is an editing mistake
What about tax on mutual fund?
TATAAIA FORTUNE PRO LIYA HAI SIR MONTH PAHLE MUJHE SAMAJH NHI AA REHA CHALNE DU YA KYA KARU KUCH DETAIL BANA SAKTE HO AAP FORTUNE PRO KE BAARE MAIN
@@houdongchannel2683 explained the in the 30 MINUTE video, you may watch
Can we take holiday for ulip premium
Don't worry. We may be emotional with money but sharp in simple maths.
In the world of a lot of Scams, I'm greatful that I found your channel ❤️🔥
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
No scam is going on.....IRDAI and SEBI are there to safeguard investors
I worked in a bank for a year. All our branch members were forced to bring in policies and in case we could not,we had to buy one ourselves to achieve the target. The products were not competitive too, because in our training itself, a mentor had said that if we sold only on the basis of merit of our products, no one would ever buy a single policy from us, so we should improvise aka mis-sell. Every other day there would be a "login day" where we had to log in the number of policies we had sold. There was too much pressure, and those who could not sell policies were ridiculed and talked down.
Same story everywhere..where so you work now??.which bank you worked and talked above...u can use some code name..if dont want to name
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
@@iammayurraj bhai ulip ma paisa phasa ha mera rato ni need ud gayi ha kich samajh nhi aarha kya kare
Guys jisko bhi jo bhi dikkat hai call me dm me, i'll help you out on ulip guys
@@iammayurraj bhai i want one suggestion bro
People : thanos Vs avengers are biggest rivalry
.
.
Mandeep : Hold my ULIP 😂😂😂
True... company doesn't directly involve in unethical practices but they pressurise thier employee's to the extend that they are forced to mis sell, although the irony is they always keep saying to the employee's as well that they are against unethical practices...
Very helpful video, I was about to start an ulip with multiple charges and was about to get scammed. Thank you LLA.
0.4% expense ratio nd returns ki bahar vale MF pe bhi ek video banado sirji 😂😂.
Haa bhai mujhe bhi jaan na hai
.4 % wala pgim india midcap mutual fund hey sayad
Canara Robecco Bluechip Equity fund
Hanji mujhe b janna h
Ye scheme hame bhi to batao 😂
I literally made the investment agent for explain for 4hours, understood most things, like term insurance, ulips, bla bla bla. Did the math in front on him, that I learnt in school.
And asked him, we will talk profit later, I don't see most things breaking even in 25years.
I could see those agents looking at each other's face with no answer.
My colleague's (all highly educated) had blank expressions.
And here I am looking at your videos, and getting even more hidden information on those things I already rejected based on common sense. Glad I could see thorough those lies.
This happens with professionals like doctors & engineers also who have limited financial knowledge
Nicely explained. Each word is true. Never mix insurance & investment.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Aur hutiya ban jao. It's actually beneficial
You are doing good Mandeep i have also facing same problem with my mom she has taken a ulip paln than i know from your video quickly take decision shut the ulip paln my 1 lakh rupees also stuck in ulip paln thanks for your information .
Brother your saying is really true,i m also a employee of life insurance company since 4 months but i am not a person who give someone ulip advice,Even you talk about cultures of banks and insurance companies are true.
This video is a eyeopener for retired people insurance company takes all of your money trust me never ever invest in endowment plans or ulips. It will vanish your retirement fund.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Sir you have my deep respect as many a times people are being cheated by institutes as they don't have proper knowledge. Please make a detailed video on this and ways to tackle it so that people can be beaware.
Bhai even I was fooled by an insurance agent in my college days as he gave me an whole life insurance policy but thanks to you when I started watching your vidoes I got much educated about insurance.i cancelled all my endowment plans and I invested all that money in mutual funds and my profits are touching the sky..I am very much thankful to you bhai for educating people.I will erge all the Indians to follow Mandeep bhai and watch his vidoes to get educated.Stop getting fooled by the insurance agents.Dont give your hard earned money to these insurance companies..
So we should pull out those endowment?
We will be penalized for it.
Did you still do it?
Bhai mat down kar yahi log nhi smjhte 🤦🏻♀️ same amount dega mutual wala hi bhai thorda kam hoga but iske alag benefit h or death ka claim bhi bhot acha h
Mutual wala hi paisa h isme long term m short term m nhi
Thank you so much for this video
We have just purchased the ulip and today I watched your 2 videos on ulip and I’m going to cancel it in the free look period.
Thanks alot
Thank you man. Your logic and explanation is very good. Helped me make my decision on which Term Insurance to take . Unfortunately, I have invested in a ULIP. Hoping to come out of it as soon as I complete my lock in
Lock in is also tricky. You can only withdraw those premiums which have completed lock in period. 😂😂
you have saved me by educating about what ULIP actually is
I had one of my relative selling policies, he also didn't clarify me about things you did
he instead tried to hide terms from me when I asked, seriously people are crossing lines
You always explain perfectly sir . Thanks liked
Last thing mentioned in video recently happened with me via policybazar. Agent was trying to sell ulip just by not telling it is ulip and its different charges. Thanks for your videos. It was crystal clear and i was able to save my money by making that agent angry :D
Please make a video on Home loan , education loan especially HDFC vala is selling insurance along with these. Also for education loan he is pressurising student to take half of the amount by fear mongering the students saying that we will not be allowed for visa and all.
Love you sir. App log bhut achaa kaam kr rhein hai..
Sir m bank or insurance company m work kr rha...or m ye sb dekh rha kaise logi ko bnaya jaara mujhe bhut bura lgta h m kuch kr bhi ni para inlog ko aware krne me... Aap log bhut achaa kaam kr rhe sir mera bs chlta to sabhi bank k bhr mikes ponga lgwaa k logo ko har hafte aware announce krtaa ... Sir mujhe ye sb kaam ni krna aap log jaisa aachaa kaam krna h help kro n meri bhi chota he sahi aachaa kaam krunga khus rhungaa...😢😢😢❤luv u all❤❤... Kbhi bhi bank wale insurance walo kaa naa sunoo kro apni he sari research krne k bdd...
Authenticity beat competition.....by Naval ...... you guys are doing great 🙏🙏
It's better with 1.5x speed. Pls note it.
PROPER TRAINING!
HDFC Bank Manager sold my father (late) a ULIP plan saying its a FD cum Insurance Plan when he went there to renew his FDs!
What is your superpower ......Mandeep - knowledge .......batman ❤️
Imagine I'm saying this with a heavy and grunt voice, "I'm batman"
extremely helpful. your work is commendable mandeep.
I was cheated this way by the bank manager when I wanted to put in FD
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
@@iammayurraj ha bro itna hi ulip achha he to phir bank manager written me kyu nahi dete ki apko Return xxx milega. Bank manager to bas bol deta he ki gurantee itna xxx milega but jab written me mangte to baate ghuma deta hr
Abe mere bhai ulip market base plan hota market ka koi hisab hotabhai kya kitna jayega, sensex dekhta hai bhai knowledge hai, uski ? Ups & downs ki kya tum jante ho log paisa tripple se bhi jada kar lete hai ulips mak shares mai....??? Fix kaise hoga likh k kon dega btao chlo ulip mai funds mai shares mai average dekha jata hai bhai 5 saal 10 salo ka average returns dekha jata hai
@@iammayurraj bhai me yahi bol raha ki.... Maager ye kyun nahi kahta ki market ke hisab se apko paisa milega... Wo to guranteed bolta he.. Haan 1 aur baat usne bank me poster bhi chipkaye ki gurantee apko itna xxx return milega....
Gauranteed plan alag hote hai bro, 😊 or ulip k debt funds bhi hote hai,
Last me Sahi Kaha Apne
Aur isme ek bat aur hai ki agar Kisi ne paisa endowment plan me Dal Diya to ek premium dene par paisa Milta hi Nahi jab tak 3 premium pay na Karo
Aur 3 premium pay Karne ke bad bhi 70% Ka loss
Jisne Pura retirement Ka paisa Kisi aise froad ke chakkar me laga Diya to uska hal uska Dil aur bhagwan Janta hai bas
IRDA ko in mamlo me aur jyada sakht Hona Chahiye
Sir please upload more frequently as we are waiting for eye opening facts and offcourse for knowledge..60+ k retirement fund ko kaunsi place me park Krna theek hoga
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Maine ek ulip Kar Chukatha but thanks God ki free look period main app ka video dekh Liya.
Thanks
I am a science student and I had absolutely no idea of this side of economy !
Thank god this channel exists and I actually watched my first video
I don't think I need any other video to watch to know the cons of ULIP. Thanks for sharing this info. I also have one ULIP and it has given me 19% returns. Lock in period of 5 years is over now I will withdraw the amount and put some amount in mutual funds.
Did you get your ulip returns?
We r proud of you for quality teaching and learning most respected valued Sir. Thank you,
Thank you Sir ! Very well explained..Also time 27:20 as you said jab FD banane jate hai same que. first back groud jan lete hai...then they ask and bolte hai FD nahi ye plan lo ye plan lo..
Bahot ashirvadd milenge umhe ye ULIP walo ka.. fake Plan walo ka..sach bata kar...
I've the same Batman Bobblehead.. Batman Fan♥️
I've a doubt; Tax Free ULIP will still be outperformed by Mutual Funds during the same period of investment time?
nope, actually Mutual Funds actually has potential to give more than 12% returns and good(top 3) funds do give returns in 14% range whereas ULIPs won't really be able to compete with such high returns.
Bohot hi badia video sir... I was also a direct employee in a company and points you mentioned are really true... Bohot misselling hoti h insurance ki and sabse zyada ulip policies ki... Cust ko bewakoof bnaya jata h keh ke ulip policies mei k day 1 se apka 50% paisa liquid hai... Jab chahe nikaal sakte ho...
Good informative video.
BTW you keep mentioning your MF is giving good returns, kindly share details so we can benefit as well. ;)
Keep up the good work.
The Returns I've got will now be past returns for you. That is why I don't mention the name because investing on the basis of past performance is not a good idea, among other things.
I'll plan a video to explain how to choose good mutual funds
@@LabourLawAdvisor invest in ulip for 20 years.
And invest in mf for 20 years.
You will see the difference.
Ulip will actually be more beneficial in long run.
@@onlinechesslecture9003 Not possible
Thanks sir 👍
Maine isi year ULIP cancel Kiya bahut hi bekar plan tha hdfc sanchay
Loss to hua hai bus ab sahi direction main lagaunga taki long term main benefits ho
😂😂😂 brother sanchay par is guaranteed plan and it’s return is less than bank FD and fixed income debt mutual funds. I bought other ULIP plans where you can choose which funds to invest and I am getting better returns than mf portfolio because I can diversify my ulip fund allocation to specific funds.
MF and ULIP are different products altogether having different benefits catering to customer goals . Comparing both and saying ulip bad is stupidity .
You're right, we mustn't compare. ULIP is bad even when we're not comparing it with something 😂
@@LabourLawAdvisor Kindly put some light on LIC Jeevan Labh and if it is ok!
Thank you boss for the valuable information. My father lost almost half of his retirement fund trusting these greedy agents.
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
My experience with Hdfc was like that. Paid 1 lakh for 10 years. Got back 13.33 lakhs 😭😭
Same thing happened to me.i paid for 5 yrs n after 8 yrs I got 80 thousand more
Why u crying its..29 percent cagr..its best if 1 lac became 13 lac in 10 yrs
@@prasheelgupta8364 he was saying 1 lac every year for 10 years means he invested 10 lac
@@iamsandeeppal ooh seriously then..worst return
bro thoda aur elaborate kr
When i went for FD in my PNB branch one of the staff told me that there's scheme better than FD...He tried to sell me a ULIP plan...but he didn't say it's a ulip or whatever...he just told it's a scheme...i understood the game and told please don't fool innocent people
Hats off to your hard work for bringing such informative video from time to time👌👍
For your kind information there is 2% commission on premium (which is for premium paying term only) in ULIPs and 0.5% of AUM in case mutual fund (Which will be for entire tenure basis AUM - Costlier than ULIPS)
Now ULIp are tax free ans Mutual funds are not
3rd Both are working on Market and returns will based on co. To co. On an average insurance co. Give 12% avg return. Where co. Like TATA BAJAJ give 16% to 18% return on there funds.
Most mutual funds gives 15% -20% so it's at par and in long term they provide good returns as well as there are switches and Redirections from which you can maximize your Returns more than MFs.
So benefits are based on individual need and choise.
Most Middle class people get benefits from ULIP plans where they get Good returns as week as Small insurance cover for their short term obligation towards family. So ULIPS are different and highly changed in there earlier manner.
Thanks Mandeep... After watching your videos, I am surrendering My Ulip policy Right Now. Thanks for this education.
As you said, except two charges in online ulip plan can beat MF in long term, that is depend on our decision only, which we are going to select the best fund in that plan...aaj kal toh bahut sare naye funds aa rahi hai ulips me, jo high returns diya jaye shuruwat se hi....
Hey, I’ve invested 2 * 50000 so now if I surrender I won’t be able to withdraw until lock-in period. What should i do please suggest ?
for now you should continue.. now that u have already made an investment, no point of surrendering for extra 2-3% returns. moreover you would be getting a decent returns if invested in good funds, so relax and continue..
Abhi continue karo lock in period tak
Bhai sare facts mai, intensionally ulip ko down kar ke dikha rhe ho, why didn't u talk about ulip on single premium & fund switching in that, ulips is best for investment & safe. Cz it hs fund switch, single premium option, & why you always show that that chart is wrong u are selecting the fucking chart & telling people that it has fake percentage 😅 then why you picked? & Main thing why are you saying again & again i hv mutual fund & having good return 😅😅😅 wht the fuck bro... You are making this video for fooling the people that's it...& Why you put that links of mutual fund in your description fuck you bro 😅 bhai mai bhi insurance mai hu mene humesha ulip hi sell kiya hai, traditional mai sirf non par plans & term plan... Sirf ek plan galat hota hai insurance mai wo.hai TRADITIONAL KA PAR plan bonus wale plan smjh gya bhai. Wo hum kbhi nhi bechte sale bike hue log ho tum 😅
Excellent awareness video. But only at 1.5x speed and above.
@Labour Law Advisor great video. Just 1 mistake - Allocation charge is compulsory even for online policies. So ULIP return is even lesser than MF. ULIP can NEVER beat MF.
Thanks for this valueable video. I already heard from my senior colleague that he lost huge amount in ULIP. So never think to buy this.
Sir konse mutual fund mai invest kar rahe ho ????
you are right..the same happened with me for Nippon India ..Money guarantee plan..no action taken yet!
I've been investing in ULIPs since 2.5 years. What do I do now? Should I stop or continue till I complete 5 years? Please guide
STOP! Your policy will lapse and you'll get your invested money after completion of the lockin. Now, from the amount you were investing, first buy yourself a term insurance. You can get 1Cr term insurance for around 12k. If you were investing less than this amount per month, then convert the payment term to monthly. This will protect your family.
Now, From the rest of the money start SIP (I use Zerodha Coin) in Index fund (if you dont know anything) or a Flexicap Mutual Fund (if you have earlier invested in share market and have some knowledge and strong risk taking capability).
You will find that after 2.5 years of this, your mutual fund amount would be much more than what you would have got if you continued with your ULIP. Best of Luck👍
@@rohitsoni9325 Once the policy lapses, does he need to pay the tax which he saved under 80C for the last 2 years?
Stop it.
stopping a ULiP would mean, getting a return of 4% and even if that amount is invested somewhere else MF would also generate similar returns considering the fact that only difference is of the charges ulip has, so in my opinion you should continue.. and should not invest in any new ULip, Please chck the funds selection so that the return don't suffer
bhai half time to nikal gaya hai so best to contunue & withdraw after 5 years IMO
The mortality charge which they pay back is not given back on absolute basis but on unit basis.
If they deduct 100 as mortality charge and nav as at date is 10. The 10 units deducted now will be given back later at market value as at that date. So the loss of time value is not there.
This makes a huge difference if ulip is long term
Awaiting reply
No this is not the case. if in any Ulip Plan mortality is given back that is given back in absolute value basis not on unit basis.
ICICI pri signature if you take and study it's BI you can understand
Make series on basic financial literaracy which need of the times. Indians lack it.Let this generation be better prepared financially. This could be significant step to alleviate standard of living and economic well-being.
Death rate in india is 7% +
Lets assume 1000 people took insurance of Rs 1 cr per person, for annual premium of Rs. 18000/ year for 10 years.
Amount collected by company: Rs. 18000 x 10 x 1000 = 180000000 (18cr.)
Lets assume 7% people died, which is equals 70.
1 cr claim per person will cost: 70 x 1cr = 70cr.
Loss to insurance company= 52 crore.
1. Insurance is for protection
2. There are companies that give cover of minimum 50 lakh, with added benefit of funds.
3. approx 75% of the amount paid is invested in fund, rest covers your life and some added riders are there as well.
4. for 50 lakh cover, with riders mentioned by Labour law advisor in one video, the yearly cost is around 25-35k approx.
If a person is paying 50,000 for a 50 lakh cover in ULIP,. with riders, you're over all paying less.
5. There are plans that allow you to take out all the amount without affecting the covered amount at all.
6. Company also need to make profit, they also have to pay employees.
7. Yes some people do mis-selling. But not all.
Even schools and colleges, hospitals, politicians, builders, jewellers do mis selling.
You need to aware for sure.
8. Policy bazaar is also getting commission, they're not working for free.
Online and through agent, the cost is same tbh. I've checked for both. You can also check.
Same plan with same riders should cost same.
9. Always read the documents thoroughly that you receive, to check if there's any mismatch between the agent and the policy terms. You always get 15 days time to cancel the plan.
10. In banks there's always pressure on the employees to sell the products, just like any other corporate company.
11. Apple sell its products at a margin of 70%, shall we call it a scam as well? They use our data, slow down the phones are 3-4 years, dependency on apple's ecosystem is also there.
Yes, the insurance plans cannot and should not be compared with the MF.
The Insurance is to protect your family and assets in time of any mishap and that's it.
Same yesa hi case mene dekha hai, Main ek village me postmen ki job karta hu, waha par kisi ki policy aai mere pass post ke through aai, or jab me unke ghar ye policy documents dene gya to vo dada ji bol rhe the ki FD ke documents hai kya?, but vo doc FD ke nhi ULIP ke the, uske baad unhone mujhe bataya ki Mene FD karwai thi. Bank Manager ne FD ka hi bola tha ki uske Documents aayege.
BEST INVESTMENT CHANNEL ON TH-cam 💙
I think the video is prepared assuming that the one will invest all money in ULIP. But it doesn't happen the person investing is more cleaver and invest 10 to 20% of annual income & rest 80% use for living and provision for future.
At age of 25 years term insurance premium may be 12 k but what if person aged 55 does term insurance premium is same for him? NO it would between 50 to 60 k i think ULIP is best for people who's risk appetite is high & can invest 10 to 20 % of their annual income into it & there will be good returns he may have upto 15 to 18% p.a.The function of SIP is also opted now to invest in ULIP.
In bad times i think from rest of 80% of annual income an 20% can be saved for emergency fund in every year.
A person earning net 30k per month also can invest in ULIP by investing monthly Rs.5 to 6 k. Considering long term investment of 10 years & paying premium for 5 to 7 years.
he may have good returns at any time of withdrawal.
There are ULIPS where alocation charge is zero. My investments in ULIPs have grown with a CAGR of 16% after all charges. Please explain why is it still bad to allocate a portion of my total investments towards ULIPs
Please allow me connect with you, I need some help regarding ULIP.
I want to know about your ULIPs.
I have invested in ULIPs and I fear that I will loose money and lost my peace of mind.
If possible please tell me a way to connect to you.
Sir apne father ki hard money ko bacha lia
Nhito hum sbi ulip lene vale the thanku so much ❤️❤️🥰
No words to describe how perfect adwiser you are
I am seeing your videos for a long time great work👍
I have request that when speaking or telling value or number tell in English
Instead hindi.
Your video help me a lot brother
Thanks for making this video
Which term insurance and direct mutual fund did you buy, sir ?? Actually I am also searching it, just taking a good suggestion from your side and at the end, I want to tell analysis is mind blowing and superb, I cordially congralute you for sharing this type of knowledge
Can we please have an updated video with respect to current tax changes. So is ULIP better than MF - POST TAX?
Mandeep! you put a lot of sense in your talks, I have been fooled once. I was forced to buy hdfc policy when all I was looking for was to get into the mutual funds market, the only mistake I did back then was that I asked an HDFC employee to help me with the process. I'm going to stop all my current ULIP plans and start investing in MF. Though I have wasted 5 years of my precious time before realizing the actual loss here. While I look to invest in Mutual Funds I seek some initial guidance on what funds to start with keeping long term investment in mind. Would really appreciate if you could suggest few funds here as of Feb 2023. Keep up the good work dude! TIA
If you are very new, then please start with nifty 50 index .
It's simple, and effective.
Later on you can learn things and improvise
Same thing happened to me also
And now I'm trying to get my money back
Fortunately I am still within the Free look period.
Let's hope for the best
Really good one.
Could you please make a short video on ASM and other categories of surveillance categories that SEBI puts on stocks.
Hey man i like ur intro.
Plz ek baar bata do pankha dekh k itni khushi q hoti hai bhai😂😂🤣
Hi Mandeep' I guess ULIPs are changing these days. There s one form Max life whcih invests on index. Only charge s 1 percent fund management then mortality which s barely 0.1 percent per year. Consider the investment and return s tax free ' its better than mutual funds. However' this s one just plan I found. All other ULIPs have very high charges
Thanks alot for spreading awareness 😇
this exactly what happened with me. I went for an FD, and after talking for some time, he suggested me ULIP and said I can withdraw whenever I want, and too with greater return. at that time I wasn't aware of ULIP/Endowment, or mutual fund very much. I got convinced and fooled
To phir aapne kya kiya kyuki mere saath bhi yahi hua hai
@rajiv-thoughtlessmind To phir aapne kya kiya kyuki mere saath bhi yahi hua hai
Tata aia k ulip plus term plan m charges double karke NAV add Kiya Tata hai 11th year onwards....and 5 year k baad agar kabhi premium n de paye to bhi policy continue rhegi
Its crazy how Big Private Banks formalize such miss selling and get away with it! Are the regulators in cahoots!
Thank u sooooo much sir aapne skim me fasne se bacha Liya
aaaaj mene zingdi ki badi galti kar di bank manager par trust karke investment kiya muje ulip ke bare me pata nahi tha par muje investment + policy vali skim chipkadi me ne sirf search kiya kya result kya he is plan ka result dekh ke meri akhe khuli reh gayi kal bank jake bandh karva ta hu aapka video dekh ke meri zingdi bhar ki kamai Bach gay thank u so much sir
Bank wala issue 100 percent sach hai. It happened with my father in ICICI bank when he got his retirement fund in his bank account with ICICI bank
Your always best , keep it up bro ...agents may get jealous and use swear words for you ...but ignore them...
Once, I was inquiring for a term insurance for my wife. My wife does not have a graduation degree yet. This insurance agent was convincing me so hard. she said my wife can still get a term insurance even without degree. She was saying she is the manager and she has never rejected any claims till now. Aap policy lelo befikar. I asked her give this in writing in an official email and document, then I'll consider buying the policy. I also asked her give me your linkedin profile, I want to see if you are real manager or not. She said she does not use social media. What B.S !! Manager and no linkedin profile. She never agreed and when she realized i would not go further without without written email, she immediately rudely cut the call...
THANK YOU FOR YOUR CONTENT Mandeep
@Mandeep Bro Thanks Bro for making video on my tweet and explaining it in detail. I’m sure it will be helpful for many people like me. And sorry if I make you angry for my tweet. My intention was to understand from you on the illustration. Btw, you made me popular 😜
Aapne kaha ki bade investers ko pata nahi hota ki paisa kanha lagana hai par ujhe lagta hai ki unke paas CA hota hai is kaam ke liye
Aur CA ne kuchh soch ke hi paise lagwaye honge
Please create video on Term insurance for those recovered from covid , most of them are not getting term insurance
Great Video Mandeep. Keep going. 👍
Bajaj Allianz Future Wealth Gain ULIP is having no Premium allocation and policy admin charges if you invest 2.40 lacs or more. It has given one year returns of approx 52%...and 10 years CAGR approx 15%...
Konsa matual fund lena chahiye us pr bhi ek video bana do, insurance ki tarah hi ....
Sir aaj kal sara format change hogaya hai aaj kal comapny apne employees ko yeh bolti hai hamara ulip market ke 16% return ko bhi beat krta hai (joh ki long term mein milta hai) or yaha tax wagara bacha kr hum 19% 20% takh return le sakte hai
Awesome video, as usual.
I hv once bought a policy with half yearly premium for 10 yrs, and on the date of maturity the company official of the policy had just handed over me 30k more than the total amount I hv put in during these 10 yrs, whereas the agent assured me earlier (while buying the policy) that I will minimum get double the amount I invested. Felt like to sue him & the company for this fraud.
I also invested 50K yearly in SBI's ULIP named as "Wealth Builder Scheme" which I didn't knew was an ULIP and even the agent didn't tell me but I was fortunate that my uncle made be aware about this insurance + investment scam and I withdrew my money within 2 days of investing in it.
Very good... Please make one video on 3rd type of ulip...ParamRakshak/ParamRakshak plus ..a ULIP with a term plan... please review that also...
Thanks for watching,Much love!!! For more info and guidance
Text-Me what's app👇
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Brother I beg you please do the video in Telugu many people are loosing their money by investing in ULIPS in the name of insurance
Mutual fund meh tax 7.6 lakh nahi hoga.76 lakh se capital 24 lakhs less karke around 5 lakhs lagega.
To all the people thanking him and who have shifted their passive investing to aggressive mutual funds investing. I hope you guys know mutual funds are subject to market risk. Don't go to TH-cam or Whatsapp for financial advice, do your own research as well. Investing is not as simple as putting your funds in a mutual fund otherwise everyone in India would have become a financial planner😒
Then one should invest in ppf and take a term insurance. For tax i wd prefer elss. I think that completes it
someone sensible ,what u said is really true youtube vedio is easy to listen to but investment iis something which need knowledge ,paitence and a lot of study and cant be done just after watching vedios .though these vedios are a grear help and a boost but your ocndiitons your requirement and everything is to be considere before jumping to mf or shares
THANK YOU BHAYYA.. VERY USEFUL ONE.
कस्टमर केयर बोल रहा की insurance पीपीटी तक ही मिलेगा, एजेंट अब भी बोल रहा की इन्शुरन्स फाइनल payout तक रहेगा, big loss of insurance and interest for me