RE:uti ulip
by pankaj bost on Mar 22, 2007 04:33 PM Permalink
No Never go for ULIP. iT WILL AET UR MONEY FOR COMMISIONS TO AGENTS FOR NEXT 3 YEARS. go for Term plan,( cheapest) and ELSS.
RE:RE:uti ulip
by Mayank Manglik on Mar 22, 2007 05:19 PM Permalink
Dear, I am totally dis agree with your views,In LIC's ULIP Plans they are allocating 73.5% in first year thereafter in 2nd & 3rd year, they are alloting 95% of the premium amount then how can you say that these policies are made only to pay commissions to agents
RE:uti ulip
by sudheer das on Mar 25, 2007 03:16 PM Permalink
Term plans....Maximum coverage but no returns.Ideal for people with huge liabilities like home loan.You can get a cover for 30 lacks by paying around 10,000 .