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April 26, 2007

Do NOT jump into LIC's Money Plus ULIP

Investment
10000 x 3 years = 30000

Just relax at home doing nothing for just 20 years.

Rs. 16 lakhs after 20 years (1.6 Million)

Assumes an annual return of 25% in the above. Thank god, they didnot take an assumption of 50%.

How is this plan? If any agent come with a plan like this, politely KICK him out of your house.

IRDA says ‘Misleading Sales Literature on Unit Linked Product’, issued on 2 March 2007, Irda says development officers and agents of the country’s largest life insurer are promoting Money Plus, the company’s fast selling unit-linked plan (Ulip), “claiming to offer astronomical returns and guaranteed benefits at the end of specific periods”. Irda has trashed these claims. The regulator has also said: “Returns under unit-linked products are dependent on the performance of the chosen fund, which is in turn affected by the performance of the stockmarkets.”
If it is a reality, no body need to go for any work, just invest and relax at home. Cool Deal!!!
Bottom Line: This kind of bad reputation is presenting to LIC by some off their odd agents

Look at LIC site and they are showing 6% and 10% returns only

6 comments:

Anonymous said...

Hello !.
might , probably curious to know how one can reach 2000 per day of income .
There is no need to invest much at first. You may start to get income with as small sum of money as 20-100 dollars.

AimTrust is what you haven`t ever dreamt of such a chance to become rich
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Its head office is in Panama with affiliates around the world.
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Anonymous said...

Hi !.
You may , perhaps curious to know how one can collect a huge starting capital .
There is no need to invest much at first. You may start to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with structures around the world.
Do you want to become a happy investor?
That`s your choice That`s what you desire!

I feel good, I began to get real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a proper partner who uses your savings in a right way - that`s the AimTrust!.
I earn US$2,000 per day, and what I started with was a funny sum of 500 bucks!
It`s easy to start , just click this link http://efiwiwaku.kogaryu.com/iqijes.html
and lucky you`re! Let`s take our chance together to become rich

Anonymous said...

Good day, sun shines!
There have been times of hardship when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright stupid person.
I have never thought that there weren't any need in big starting capital.
Now, I feel good, I begin take up real money.
It's all about how to choose a correct partner who utilizes your funds in a right way - that is incorporate it in real deals, parts and divides the income with me.

You may ask, if there are such firms? I have to answer the truth, YES, there are. Please get to know about one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

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Anonymous said...

Opulently I agree but I think the post should have more info then it has.

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