Product Manager

Human Resources

This has been happening for decades. Why do you think people hate insurance companies

Recruiter

Have you guys ever been mis sold a financial product like life insurance policy or ULIP?

Have you guys ever been mis- sold a financial product like life insurance policy or ULIP?

Insurance Mis selling survey

Insurance Mis selling survey- Grapevine

Welcome to Personal Finance's Private Community

I have been receiving calls from HDFC to opt for ULIP plans. I didn't know much about it. Now I knew after much discussion with their fund manager and research on internet. 

What worries is the charges. The plan HDFC recommended had 12% premium allocation charge for 1st year itself and other charges after that.

Still want an option if it is worth an investment and if any other bank or service that offer better ULIP plan.

ULIP investment worth it??

Software Developer

How to get out of a useless scam of a ULIP/endownment life policy whic gives a cagr of less than 5% over a 20 year term ? What will be the loss in terms cancellation of such a policy ?

Hdfc life sanchay plus is a scam

Analyst

Whats your strategy when it comes to Insurance?

- ULIP with life cover (the ulip returns outdo the insurance by the time the policy ends usually) Vs Term life

- Health ( Family floater Vs Individual cover ) assuming no pre existing conditions

Sad that most if our gen lacks good insurance knowledge and penetration (this for me is a key aspect of financial
Literacy!!)

Insurance !

Investor

Welcome to News Discussion's Private Community

Context - I’ve been in the industry for a decade now. Industry pay and other metrics are actually not that bad. Just never felt that it gets the same attention as banking/ consulting/ investing, etc. I feel there is a genuine lack of quality in the talent in the industry.

Why is insurance not a preferred industry for job seekers in general?

General Manager

Have you ever faced any insurance claims related issues ?

Senior Software Engineer

I have 20+ lakhs in bank account. My bank contact agent is telling me to invest these in a less risk mutual fund rather than in fds . What are your views on it? Is it the right path to go as that would help me save tax.

Investment advice

Security Engineer

I'm being pitched LIC Nivesh Plus(849) ULIP.
Average return generated by the funds in this scheme is 15%. I'm okay with the 5 year lock in period. Seems like a decent deal to me.

Why do people advice against ULIPs? What are some things that I'm overlooking or the agent isn't telling me?

Need advice on ULIP plan

Software Engineer

My thesis has been that finance has been made complex deliberately and it isn't rocket science.

Would love to hear some madeup complexities.

What's the most unnecessarily complex finance Gyan you ever got? By whom?

Product Owner

Welcome to Indian Startups's Private Community

IMO educational, insurance, investment products can drastically change one’s life for better or for worse, so much mis-selling, scamming and shitty sales tactics being done 😐

Someone ain’t scaling the right way 💁🏼‍♂️

Sales

I want to take a medical insurance for me as well as my mother and father, 
Pre existing condition of them: YES

Which insurance is the best for them specifically?

Which medical insurance?

Content Strategist

So I'm 23M and i wanna buy life insurance of 2Cr. Would really appreciate it if you guys could answer a few questions!
1) Which life insurance do you have?
2) How much is the premium?
3) How many years do you have to pay the premium?
4) How much cover does it have?
5) Any riders you added to your insurance?
6) Where did you buy the life insurance?
7) What questions should i ask the agent before buying the insurance?

Life Insurance

Hello folks.
First of all - this community is really helpful. I like how all of us share our learnings, queries etc and get quality insights on them.

Main question- I am 31 yrs old and would want to purchase life insurance.  Can anyone suggest me which is the best life insurance to buy?
Also, I think I should have bought life insurance before only 😅...2-3 yrs back

Life insurance to buy??

Before people jump into validation mode, I thought let’s do something ulta (opposite)🙃

Pick one of your worst investment mistakes (it can be a stock, RE, ULIP, relationx blah blah) 

My inputs - During 2021/22 real estate boom, I picked a real estate stonk (india bulls) as I thought it’s a growing sector and company will become beneficiary after all the sins they have committed in past. Bam! Over next 5 months stock crashed ~50% 🥲

FriYaY is Investment day on GV!

Thread to discuss credit cards what all basic, specific and premium cards you hold and what are your credit limit on that card.

Credit Card Mega Thread: Which Credit Cards do you have and What are the Limits?

Guys need some advice. 
Is the LIC Money Back Plan good for investment?

Insurance Mis selling survey

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