Good information...Will the benefits be proportional if premium paid is of 2.5 lakhs instead of 5 lakhs? I.e. 25 yrs you get 4.16 lakhs approx for 25yrs? N also get 30 lakhs in the end?
@@EveryPaisaMatters Cool, thanks... Also, I noticed is there no insurance cover from year 14 onwards? I.e. post 12 years of payment insurance cover is expired?
@@bretlee14 That is correct because the Policy Term is 14 years and after that it acts as a Saving Plan. In case of expiry of the individual the dependents will continue to get that amount as income.
Sir I salute you because you are well guide but Think is agar koi bhi Banda agar 12 month bhar raha hey to uska payment to wo 12 year bhar dega But Jo return hey bhot kam hey ye savings plan worthless hey because return bhot kam hey sir isee acha hey kahi mutual fund me Banda Dale to wo best return hoga so apne video sahi banaye hey but benefits aap bataoo kya return mill Raha mean " ROI RATHIO"
@@EveryPaisaMatters not sure why you reported my comment?? I know not everything is for everyone but on the same channel you've called out similar schemes and exposed them with poor irr If you have issues with people engaging with your content then don't ask them to sub or comment..
@@shaqxsming1284 I have NOT reported you comment. Infact, I replied to your comment. I accept everyone's views and feedback. Yes, I have called out plans with XIRR of 4-5% and I still do call them out.
Please sir let's make new video for max life insurance is worthit or not please Because muje agents se liayaa unhone muje surrender value ke regarding khuch bhi guide nhi kiyaa
The ROI in this Case is Approx. 7.30% Per Year which is really very bad very bad.........instead of if you invest that particular 60 lakh rupees for 39 year monthly sip mode which is coming apporx 12,820/- montly sip on simple any AMC Index Mutual fund Scheme and if you assumed that your fund gives the simple index return which is around 14% per year . You will be surprised that your sip gives the total return after 39 year that is near 25.20 Crores rupees............. And that fund gives you gives total return 2.30 crores rupees near ........that is 10 times lower of simple mutual fund return.............Don't be trapped that type of schemes.that eat your hard earned money
The ROI in this Case is Approx. 7.30% Per Year which is really very bad very bad.........instead of if you invest that particular 60 lakh rupees for 39 year monthly sip mode which is coming apporx 12,820/- montly sip on simple any AMC Index Mutual fund Scheme and if you assumed that your fund gives the simple index return which is around 14% per year . You will be surprised that your sip gives the total return after 39 year that is near 25.20 Crores rupees............. And that fund gives you gives total return 2.30 crores rupees near ........that is 10 times lower of simple mutual fund return.............Don't be trapped that type of schemes.that eat your hard earned money
