in my Town, All LIC Agents have become super rich ... my parents, me and my generation also got cheated , thanks for giving a complete insight,, you are absolutely right..🙏
Definitely friend. We people work for 8 hrs and getting salary... The employer gets cashew from our work and pay us peanuts... SOME PEOPLE DECIDES TO GET MAXIMUM INCOME,, AND MEETING 1000S OF PEOPLE AND GET 100S OF POLICY. WE CANT UNDERSTAND THE PAIN OF THE PERSON TO GET INTO THIS LEVEL......
அருமை ஐயா... நிதர்சனமான உண்மையை விளக்கமாக எடுத்துக்கூறினீர்கள்... LIC முகவர்களால் பாதிக்கப்பட்டுள்ள எத்தனையோ பேர்களில் நானும் ஒருவன்..... நல்ல வேலையாக நான் இரண்டு ஆண்டுகள் தான் ஜீவன் ஆனந்த பாலிசி போட்டிருந்தேன்... மிக்க நன்றி ஐயா...
Yes bro, me too, done same mistake. I have two policies one is Jeevan Anand, start from 2016, still 12 year remaining(premium paying term - 21yrs) and another is Jeevan labh from 2018, still 10 year remaining(premium paying term - 10 yrs) maturity period is year of 2043. I need your valuable advice.
Sir... You are guiding us exactly in the right path👍👍🙏.... Leave those criticisms... Since they are business is affected, they are criticising and against your ideas/facts....🙏🙏 In fact, I am also going to surrender my lic policy in this month.....
It has maximum death benefit so only... Incase at that time maximum term of that policy you will receive good loyalty additions... Unfortunately, i think at the time your term is short
Friend,, don't confuse fd with insurance... If u close the contract you have to accept... There are people paid 1 year and died got almost 20 times of premiums. SO GET CLEAR IDEA OF LIFE COVER.... ITS INVESTOR TO DECIDE.....
Hello brother.. I am telling you one thing almost all the LIC Policies viz Whole Life, Endowment Policy, Money back policies are total scam. Their terms and conditions are totally unfair, one sided and unethical. It will create huge losses to the investor. No one can understand LIC Policies terms and conditions by reading their policy document and no agent will tell you these negrive side of their policy facts openly. Even if you continue the policy for it's entire tenure you will just get 5% return which is just close to SB interest rate. I lost close to 4-5 lakhs across 7 policies when I foreclosed those policies due to covid job losses. I paid premiums for minimum 12 years to maximum of 20 years for these policies and they kept my money for minimum 15 years to 24 years with them. But when I foreclosed the policy this year they refused all my accumulated bonuses. For two policies they refunded only 45% of the premiums paid. In other 5 policies they refunded only 90% of the premiums paid. They forfeieted all my bonuses. Similarly I lost 20% of the premiums paid in kotak life insurance policy due to policy foreclosure. In this case I paid premiumus for 7 years and foreclosed after 9.5 year. It is better to invest in Mutual Funds debt based and balanced funds, Gold, E-gold, RD, FD, PPF, Post office savings, Bonds, Savings, reliable Nidhi funds, reliable co-operative banks and chits. If you can take more risk invest in share markets through recognised broker, invest in equity mutual funds. Invest in land. Do not invest in LIC or any other life insurance. Take term insurance with good cover if you need insurance. Take health insurance if you need. But don't club insurance and investment in Life Insurance.
Good evening sir my policy bima gold money back policy at 2006 now tha policy 2026 finished finally how much i will get yearly 17616 pay 5lakh policy tha agents not said any all ways he escape
Amd for jeevan anand if you guys paid, 3 yrs and think if i pay one more year ill get 50% returns. Dont fall into this, this is fkin trap. Just calculate the loss percentage on the amount you paid, it turns out to be the same. So surrender the policy after 3 yrs itself Eg, my policy 10470 premium per month excluding tax. Now see the difference in loss, its almost nil. So dont waste time paying premium for one more year 3 yrs (30%) Total paid- 3,76,920 Surr. Value- 1,13,076 Loss- 2,63,844 4yrs (50%) Total paid- 5,02,560 Surr. Value- 2,51,280 Loss- 2,51,280
I don't understand y do ppl confuse insurance with investment... They both are total different We pay vehicle insurance but won't even get back anything if something doesn't happen to ua vehicle... Other countries have made insurance compulsory for each and every individual... Ppl don't even have option to not to choose insurance policy... 😅
Ok policy holder incase death aitaru na...index fund evalo kudukum pota amount ku 9 percentage kudupangala ana lic ne 3 year ku 3 lack katirunthaly 15 to 20 lack kudukaranga....ithuku ena sola mudium....??
Thank you sir it's really informative. I have been started LIC long term investment for 25 years since last 4 months.. Sir can you indicate me to cancel the LIC policy..
ELSS mutual fund scheme will give 12% and above. 3 years only lock in period. Monthly minimum investment 500. And one time investment also minimum Rs.500.
Sir , I had been purchased Jeevan tarun policy 834 plan on 2017 for sum assured amount of RS 1100000, now I paid 6 years without fail, after watching your video, plan to stop paying premium amount but if I am not surrender now and I will wait upto maturity, so that time how much amount will I get through that policy
Hi bro, na Jeevan lab la ,one year 1LKS katiruka.... coming December 1LK kayttanum..innu 14 years kayttanum..surrender panna 1LK kudupagala???😒illa continue dha pannanum ma ??
I accept your opinion brother. I have paid last 5 years premium of 2.5 laksh for Jeevan Lakshya policy. Now I don't want pay further, but I am thinking about surrender make huge loss 😢 If I surrender now. What will do?
Life Insurance Policy is an important document under Contracts Act Ignorance of law (Contractual terms mutually agreed) is no excuse for any legal transaction. It is funny people throw mud without knowing the basic law!
நான் 2லட்சத்துக்கு New Jeevan Anand 815 16 years வாங்கிருக்கேன். பாலிசி எடுக்கும் போது Maturity amount 3.59lakhs கண்டிப்பா கிடைக்கும்னு சொன்னாரு. நான் வச்சிருக்குற பாண்ட்ல அப்டி ஒன்னும் போடலையேனு இப்ப கேட்டதுக்கு approximate amount nu சொல்லறாரு. நான் இத ஒரு experiment ah continue பண்ணி கடைசில எவ்ளோ குடுக்கிறாங்க பாக்க போறேன். கண்டிப்பா இனிமேல் No LIC 😂😂
அந்த பணத்தை Index fund-யில் 16 வருடம் முதலீடு செய்தால். ஒரு 12% வளர்ச்சி எதிர்பார்க்கலாம், உங்களுக்கு கிடைக்கும் முதிர்வு தொகை 5.75 லட்சம்! நீங்கள் index fund-யில் experiment ah முதலீடு செய்து பார்க்கலாமே.
Traditional policy... You have to pay for 16 yrs.. Bonus average given every year 5000 for 1 lac sum assured.. its added in policy given on maturity. You will get as declared...
Sir I have lic jeevan saral policy. 75000 policy. Monthly 306 paying. Now 11 year completed and I like to surrender. It's 20 year duration. Better to withdraw or continue Please advise me. Now money requirements for merrage.
Sir, I have completed 3 years in plan no 832.. I am planning to surrender .Please advice..sum assured amount is 720000 for the period 25years.. yearly payment is 30780RS per annum
Bro néenga unga family Yoda blood source of money na néenga policy yetukkalaam . But policy year athikamaayum sum assured unga vittu thevakku yetha maathiriyum and monthly or yearly payment romba kammiyaayum irukkura maathiri paathukkonga. Lic is a not savings. Ignore maturity amount.
Hello brother.. I am telling you one thing almost all the LIC Policies viz Whole Life, Endowment Policy, Money back policies are total scam. Their terms and conditions are totally unfair, one sided and unethical. It will create huge losses to the investor. No one can understand LIC Policies terms and conditions by reading their policy document and no agent will tell you these negative side of their policy facts openly. Even if you continue the policy for it's entire tenure you will just get 5% return which is just close to SB interest rate. I lost close to 4-5 lakhs across 7 policies when I foreclosed those policies due to covid job losses. I paid premiums for minimum 12 years to maximum of 20 years for these policies and they kept my money for minimum 15 years to 24 years with them. But when I foreclosed the policy this year they refused all my accumulated bonuses. For two policies they refunded only 45% of the premiums paid. In other 5 policies they refunded only 90% of the premiums paid. They forfeieted all my bonuses. Similarly I lost 20% of the premiums paid in kotak life insurance policy due to policy foreclosure. In this case I paid premiumus for 7 years and foreclosed after 9.5 year. It is better to invest in Mutual Funds debt based and balanced funds, Gold, E-gold, RD, FD, PPF, Post office savings, Bonds, Savings, reliable Nidhi funds, reliable co-operative banks and chits. If you can take more risk invest in share markets through recognised broker, invest in equity mutual funds. Invest in land. Do not invest in LIC or any other life insurance. Take term insurance with good cover if you need insurance. Take health insurance if you need. But don't club insurance and investment in Life Insurance.
Anna i have jeevan anand for 15 lks which I started in 2010, what should I do with it. If I close, anna onnum kedakkamattte. What should I do. Any advice.i have komal jeevan and profit plus also in the name of my kids. What should I do with that
You don't know plan number.extra premium for extended life cover you don't know the fact if anyone died you are invisible.you recomend for paid up value.dont talk non sense preach.any life cover for fd.
Hello brother.. I am telling you one thing almost all the LIC Policies viz Whole Life, Endowment Policy, Money back policies are total scam. Their terms and conditions are totally unfair, one sided and unethical. It will create huge losses to the investor. No one can understand LIC Policies terms and conditions by reading their policy document and no agent will tell you these negative side of their policy facts openly. Even if you continue the policy for it's entire tenure you will just get 5% return which is just close to SB interest rate. I lost close to 4-5 lakhs across 7 policies when I foreclosed those policies due to covid job losses. I paid premiums for minimum 12 years to maximum of 20 years for these policies and they kept my money for minimum 15 years to 24 years with them. But when I foreclosed the policy this year they refused all my accumulated bonuses. For two policies they refunded only 45% of the premiums paid. In other 5 policies they refunded only 90% of the premiums paid. They forfeieted all my bonuses. Similarly I lost 20% of the premiums paid in kotak life insurance policy due to policy foreclosure. In this case I paid premiumus for 7 years and foreclosed after 9.5 year. It is better to invest in Mutual Funds debt based and balanced funds, Gold, E-gold, RD, FD, PPF, Post office savings, Bonds, Savings, reliable Nidhi funds, reliable co-operative banks and chits. If you can take more risk invest in share markets through recognised broker, invest in equity mutual funds. Invest in land. Do not invest in LIC or any other life insurance. Take term insurance with good cover if you need insurance. Take health insurance if you need. But don't club insurance and investment in Life Insurance.
