In the process of financial planning, protection via insurance is one of the key areas that I look at. In almost all cases, the observation I make is – “You are underinsured.” I am referring to the life insurance cover here. Most individuals have a combination of traditional plans – money back, endowment, some guaranteed […]
[Money Master] A guaranteed income plan with yearly increase
I think I had you with the headline. Your love for guaranteed income, yearly increase, income, etc. etc. Unfortunately, the product that we are discussing today, hopes to exploit the same. Let’s dive straight in. Here’s the investment proposal I have received. The KK Assured & Guaranteed Income Plan Take a 30 year policy with a […]
LIC Jeevan Shanti annuity plan – Is it meant for you?
LIC agents are forwarding messages on WhatsApp hailing their latest, most popular product with the promise of a lifetime of ‘shanti’ or peace – LIC Jeevan Shanti. Not just that, they are at your door, on calls too telling you about the next best thing after sliced bread. The proposal is that as soon as you […]
LIC Jeevan Saral – the Loot India Corporation is at it again!
Do you hold a current LIC Jeevan Saral Policy? If yes, here’s something important that you would like to know. This policy is likely to make a loss for you. LIC Jeevan Saral policy has lately been in the news for all the wrong reasons. MoneyLife Foundation along with some policy holders filed a case […]
