How ULIP destroy your money? | Truth of Traditional Insurance plans |

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ULIP - Unit linked insurance plan is often sold saying that it is mutual fund + insurance.
But in reality it is neither mutual fund that is investment nor it is insurance. ULIP is complete waste of money. Ulip aapke paisa duba dega.

This video will answer following questions -
1. Is ULIP a mutual fund?
2. Does ULIP give sufficient insurance cover?
3. Should we buy ULIP?
4. Kya ULIP humare liye acha hai?
5. ULIP ke nuksaan?
6. Ulip vs mutual funds and how is ULIP useless?

Education of Anant Ladha-
Chartered Accountant (rank holder), Chartered Financial Analyst (CFA), Certified Financial Planner (CFP), FPSB certified Investment planner, insurance planner, Estate planner and retirement planner, B.Com

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💬 Comments
Author

Hi bro. I have already invested in HDFC sanchay par advantage and paid premium for 1 year. How do I close it without losing my capital

Author — meera rowther

Author

Main disadv is they will charge units to give u insurance which reduces ur value

Author — rakesh verma

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I have sbi life flexi smart G, paid 3 premium already of 1lkh and the fund value is way lesser than the actual amount paid by me. What should i do please suggest as soon as you can.

Author — Navin Negi

Author

Sir I have been spending in bajaj Allianz Ulip plan from the last 4.5 years, should i close this

Author — Ritesh Singh

Author

Thanks for this vital information Anant:)
I just hv cancelled my hdfc life ulip plan which i hd started 2months back only. Glad to b a part of ur channel

Author — Diveet Shah

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What would u like to say on hdfc click to wealth ( with current NAV value compared to 1 year old NAV value ). Considering the fact that it also saves tax under 80c.

Author — MATHS WISDOM

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Never interact with the agents, DYI DO YOUR OWN RESEARCH

Author — Bravo Charlie

Author

sir what are your views in buying term insurance from aegon life insurance? if not which other company to prefer?

Author — Mohan Daswani

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Hello sir.. I had invested in the bajaj Allianz ulip plan. I am looking for long run . What return I can expect and shoul I continue or not. Please suggest.

Author — shubham sachdeva

Author

Switch ka matlab redeem hota h kya? Mere pas 3 sal se uti ulip plan h jisme 2%exit load premature withdrawal h..

Author — SHAILESH jain

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ULIP is good for tax savings purpose and it provides tax free return as well. ULIP is good for short term goals and the customer should switch the funds as per the market conditions to generate good return. Not bad investment, just no option if you want to invest for short time, then take the return, want to get benefits of tax deduction, and also the customer is not in a position to take risk, ULIP is the only option.

Author — Rohit Singh

Author

But in SIP + Insurance cover also chargeble no transparency in sip plus insurance

Author — Yogendra Prajapati

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If I switch my ULIP to another fund in the 6th year, will I be able to take back my money without any charges, after Paying premium for 5 years.

Author — Rohan Sequeira

Author

Then what are the option for risk free guaranteed return?

Author — Minesh Sindhal

Author

Hello sir, you are a good advisor thank you, ulip youngster super premium HDFC lu k Nahi, mere husband sugar hai aur vunka health theek Nahi reheta plz sujjest me ulip or mf🙏🙏🙏🙏🙏🙏🙏🙏

Author — kareemun p

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Sir mujhe ulip me one year hua h ab surrender karne ki process kya h

Author — Lokesh Kumar

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Which I's the best & risk free safe investment plan for 2020?

Author — Parvathi parvathi.m.s.

Author

Sir what if i take ulip for investment and already have other insurance plans for insurance ? Like the icici guranteed wealt protect plan

Author — Saurabh sahu

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Sir I want to stop the premium in my ulip plans given by Hdfc and Max life, after paying 3 premiums. How to surrender my ulip policies?

Author — Ubaid Shah

Author

What is the difference surnder or lock in period I HV invested in ulip max life I have paid 3 instalment of it 50000 rs each year the policy is show 174000 is current policy value it's show if I will surnder now I will get back premium value or current value which one and money when will get immidiat or after 5 yrs pls advice thnks

Author — Jai Prakash Tanwani