“You need to have to die to get your money”- Why are ULIPs so effortless to sell?
A wide the greater part of Indian center course has some or other ULIP/Endowment life insurance plan plan. Why is that so?
When a layman goes to the insurance company/agent to get a phrase insurance policies plan. The coverage agent speaks 2 very simple sentences-
“If you invest in time period insurance policy, you will need to die to get cash”
“Paisa waste ho jaayega if you invest in time period insurance”- your dollars will get squandered if you don’t die. So, sir, you should buy endowment/ULIP- wherever you will get your income again right after 5/10/15 decades. Return of premium + reward, confirmed by the xxx of India!
Quick to provide. Do you concur?
Satisfied Investing
Vijay