This article from Outlook Money makes no sense to me. Why should a person opt for ULIPs, they are so expensive. Outlook Money is only interested in getting ads from ULIP companies for writing such misleading articles.
RE:what a waste of time
by Digvijaysinh Kosamia on Jan 21, 2008 04:25 PM Permalink
Sorry Vikas, Not only me but all of them who have really identified their financial needs and security will disagree with you. As mentioned in above aricale they have always prefered an individual to go for TERM plan insted of regular ULIP. If you ask for your life cover with icrease in your corpus than ULIP is only option but if you do not required any secure corpus for your family afer you than you shoudn't be thinking for ULIP.
RE:what a waste of time
by Vikas Vadgama on Jan 21, 2008 06:43 PM Permalink
I agree with you but what i don't like is that outlook money is writing this article only b'cos they are getting ad money from ulip companies. i am mutual fund agent and i always speak the truth without getting any ad money. so pls come to me and give me some business.
RE:what a waste of time
by sathyanarayana venkatachala on Jan 22, 2008 09:25 AM Permalink
I think it is better to go for NSC. No hidden charges, no premium charges, no entry and exit loads. Even the returns are less your money is very safe and secured. OLD IS GOLD.. please share your thoughts.
