Jeevan Anand – Joy for the agent, not for the buyer

Endowment plans are evergreen products for the insurance industry. They receive a lot of promotion and aggressive selling. In this article, we compare this investment linked product with a separate investment product and show that it helps to not mix insurance and investment.

Avoid Endowment Plans – PPF gives better returns

Endowment plans are evergreen products for the insurance industry. They receive a lot of promotion and aggressive selling. In this article, we compare this investment linked product with a separate investment product and show that it helps to not mix insurance and investment.

LIC’s Jeevan Umang whole life policy – Should you buy?

In the recent days, LIC is running a promotion for its whole life policy – Jeevan Umang. Like any promotion, this campaign highlights the various plus points of the policy, In this article, we compare this investment linked product with a separate investment product and show that it helps to not mix insurance and investment.

NO – LTCG on equity does not make ULIPs better

Unit Linked Insurance Plans (ULIPs) have always been aggressively positioned in India.  The recent (re)introduction of Long Term Capital Gains (LTCG) Tax on equity has added another dimension to the promotion of ULIPs. In this illustrative post, we look at how Equity mutual funds still provide better post-tax returns due to their flexibility and choice. 

LIC Jeevan Shanti Annuity – Should You Buy

Often, new products from LIC are widely promoted. This has been the case with the new Single Premium Annuity Plan – Jeevan Shanti. This is billed as a non-participating, non linked plan – which has to be the case with annuity plans. A key feature of the plan is the deferred annuity option. In this

Annuity Plans – What, Why, and Why Bother

Summary An ‘Annuity’ is a (financial) product that provides a steady, periodic income, over many years,  to the buyer. This part of annuity makes it similar to a pension. Probably due to this, annuity plans are popular in India. In this short article we consider the factors of annuity and look at who it is