What happens when you take your life insurance company as a mode of Investment ?
1. What Type of investment policies are more popular in life insurance companies?
All those who invest in LIC are true social activist in India. it is because of these people Lakhs of LIC agents are able to earn the bread for their families.
I salute all the LIC policy holders for your selfless donation towards the betterment of LIC agents.
I will give you a real example, I know of a guy who didn’t do well in their studies. But he has his own Mercedes Benz, and he travels to the USA and Europe. He must be earning 3–4 lakhs per month and do I need to tell from where?? Obviously as LIC agent.
If you aren't a maths hater then I will ask you to take up a calculator and try to sum up all the amount you pay as a premium and what you get back after maturity. You will be happy to see such a large amount you will be getting after your premium paying years.
NOTE- AGENTS WILL NEVER TELL YOU THE ROI YOU WILL GET, THEY WILL ALWAYS TELLS YOU THE AMOUNT YOU WILL GET AFTER CERTAIN NO. OF YEARS
COME LET ME TAKE YOU BEHIND THE SCENE ,AND DO SOME REALITY CHECKS -
I am setting up an real life plan of a company Look at it and decide by yourself.
As per my opinion, even at the worst case also FD is better than this, atleast they provide 7 % Per Annum as Return On Investment i.e. ROI.
And check the NEWS , this doesn't even able to beat the inflation rate of the country.

Go through the details
in brackets those are premium amount which you are paying and last one at 20th year it is an Maturity amount which you will get after 20 years.

💖👍 Oh wow!! Thanks a lot. A good read indeed.👍💖
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