How to identify a BAD investment or insurance?

In this video, we focus on two distinct financial products: term insurance and an investment cum insurance product.
We begin by examining term insurance, which offers two different premium payment options. The first option involves paying a higher premium for the initial 15 years, followed by 17 years of not having to pay a penny. The second option allows you to pay a lesser premium for the entire duration of 32 years. We break down the advantages and drawbacks of each payment structure, enabling you to determine which option aligns better with your financial goals and constraints.
Next, we dive into the realm of investment cum insurance products. While these products promise a combination of insurance coverage and investment growth, we reveal how they often deliver subpar returns compared to other investment avenues such as fixed deposits (FD), index funds, or gold. Through in-depth analysis and comparisons, we empower you to make an informed choice when considering these investment cum insurance products.
Furthermore, we provide you with a comprehensive framework and calculations to identify potential red flags and assess the long-term implications of various financial products. We discuss the concept of opportunity cost, shedding light on the trade-offs involved when choosing between different investment options.
Subscribe to this channel for more insightful content on personal finance and investment strategies. Empower yourself to make sound financial choices for a secure and prosperous future.
How to choose a term insurance
Buy Term Plan & Get Online Discount Upto 10%👇
tinyurl.com/32...
Join this channel to get access to perks:
/ @finance.boosan
_______________________________________________
Click here for more : bit.ly/3m4tygT
_______________________________________________
New Account opening links for leading brokers in India :
Paytm Money : paytmmoney.one...
Groww : bit.ly/growwNew
Upstox : bit.ly/upstxNew
m.Stock : bit.ly/mstockNew
Zerodha : bit.ly/newZero...
^ leading brokers in India if you're interested in opening a new broker account.
#usefulInformationBoosan
Useful Information Boosan, Personal Finance Tamil, Productivity, Self improvment
Boosan

[@finance.boosan]

Buy Term Plan & Get Online Discount Upto 10%👇 tinyurl.com/3224yf8b

[@santhoshkumaradhinarayanan9192]

Bro I am over weight, is it possible to take TERM INSURANCE. PLEASE SUGGEST

[@DashboardTrader]

"Time value of money" is the first lesson an investor should learn. Great job 👏 you are helping people understand this.

[@cheerskannamma6280]

Ohhhh man the best decision I've taken in my financial journey is joining in ur community ❤ every penny worth it ...

[@kamaleshnellai8436]

Neega solra than romba correct bro relative Investment solli nagalum same kotak la than potrukom😢 intha mathri Nala videos 5 years back yarum podala....itha parthu right choice edunga makala👍

[@m.r.sirpaiyur1171]

I am watching so many share market related KZbin channels but you are different from others I'm gaining knowledge from you brother continue your work, guide middle class people will become rich like this , please don't be money minded person in future bro now you are doing well 🎉

[@SuperMaddyrox]

I feel that the second option (Limited pay) is also not a bad thing. After 10 years I won't have to pay any premium and I can invest the same in mutual fund/stock/index fund for the remaining 22 years. Considering a CAGR of 13% in mutual fund I will get approximately 23 lakhs. Rs. 1517 * 12 months * 22 years * 13% CAGR = Rs. 22.9 lakhs Whereas if I choose the first option I have to pay the premium of Rs.1517 along with GST till the end of policy term. The first option will fetch a benefit of Rs.2.2 lakhs in the first ten years. Rs. 900* 12 months * 10 Years* 13% CAGR = Rs. 2.2 lakhs But after that I will be losing the 23 lakhs return, because I am not investing in mutual funds in this case for the remaining 22 years. In a nutshell the second option (limited pay) gives me 1.5 crore cover and 23 lakhs return. Please correct me if I'm wrong.

[@randomthoughts4275]

Really thought provoking , in the past i had taken this kind of endowment plan .Later i have realized and discontinued the policy.

[@finance.boosan]

Great that you have recognised & got out of it 👌 please share it with your friends and family if you think it'll help them : kzbin.info/www/bejne/h2jce4qDobh5pJY

[@abilashn7413]

Eye opening video.... Great brother.. keep on educating us by posting more videos ❤️

[@finance.boosan]

Thank you, I will ❤️

[@drbalajimurugan3877]

Bro genuinely speaken... hat's off🎉

[@kalaimanicse]

Good video. Faced the same situation while taking my Term insurance last year. And I did the same calculation and escaped from their trap.

[@krishnamoorthisundaramoort2944]

பாமர மக்களும் புரிந்து கொள்ளக்கூடிய விழிப்புணர்வு மிக்க செய்தி. சாதரண மக்களும் இது போன்ற எளிதில் புரிந்து கொள்ளும் வகையில் தொடர்ந்து பதிவிட அன்புடன் கேட்டுக் கொள்கிறேன். நன்றி.

[@xnivaxhzne]

Bro ❤.. 3rd youtuber I am following after Anand Srinivasan and Investment Insights in finance category. You should reach heights.

[@finance.boosan]

Always happy to see you here Kavin ❤️

[@vedhamoorthisundaram1549]

I am also following boosan after anand srinivasan sir

[@sathishkumar-cw8iv]

Sema Calculation bro. Neenga vera Level. Thanks for your great informations. Unga content ellam romba useful ah irukku bro. Ithuvaraikkum intha alavukku yaarum ivalavu detail ah sonnathilla. Thanks Bro.

[@karthivijay3825]

Boosan bro.... US stock la S&P 500 and Nasdaq 100 and also compare to nifty 50 index pathi video pooduga bro.....Naa neraya youtuber patha...but neega tha clear ah explain pandriga...i will waiting for your video.... thanks

[@arunb2938]

Great video, thanks ! I am planning for term insurance, I thought first 10 years premium was better initially, but now it's clearly showing monthly premium is right one. Thanks

[@gnanababu9625]

Eye Opening session...

[@alagesancaptain]

Bro, really impressed your tutorials. Very helpful to me...

[@blackfeather6230]

Very informative. Mostly everyone is suggested with bad Insurance policy as investment. Stay aware

[@balaakaash3349]

Ultimate explanation bro...👏👏 Needed suggestions for tearm and health insurance (which would be better to take)

[@finance.boosan]

One should have both health and term insurance, they are not alternatives to each other. Health insurance covers medical expense while term insurance covers the life .

[@surendargethu]

​@@finance.boosan mass ❤

[@MrRajkumar1982]

Great content and awareness. I too opted for a lic policy for 21 years and almost 10 years done.They are collecting almost 10.5 lakhs as premium amount altogether for 21 years for sum assured of 10 lakhs+ bonuses which is very worst in the name of insurance policy. Health insurance alone is enough. Paying 20-30 years for a insurance policy is worst decision rather we could have invested in nifty 50 or indexes which gives better return

[@meganathankns6375]

How to choose perfect term insurance video needed

[@finance.boosan]

How to choose a term insurance? தமிழ் - Complete guide on choosing a term insurance kzbin.info/www/bejne/gGbdXpKwa7qIbKc

[@user-fi5gn9mn8e]

Great brother! Became really a big fan of you. You have answered all the possible questions that can raise with respect to the term insurance in your play list. Watched all of them more than once, everytime better charities. Abundance of information, the best among our Tamil community mentors in this kind. Much much much appreciated, looking forward to see you as an icon soon. All the very best!

[@dineshjayaraj4002]

Really very great of you brother… I started watching today and watched many videos.. we owe you for all your life saving videos brother.. keep up the good work.. You save Us.. God save you and bless you♥️💐

[@finance.boosan]

Thank you so much for such positive words & support. Means a lot to me ❤️ Please share it with anyone you think might find it useful.

[@muthukumarthangavel7217]

Sharp and crystal clear content!

[@nagarjanmani4436]

Very informative and useful

[@jai-ep8iu]

Awesome bro, learnt something today! Most useful content

[@finance.boosan]

Glad it was helpful! Please share it with others. kzbin.info/www/bejne/h2jce4qDobh5pJY

[@kalanithithirunavukkarasu786]

Iam seeing your Video's for couple of months, Information you're sharing is really really helpful for everyone, You're building an education system in finance. Quality of the content is really good, The way you explain, compare is impressive. Thanks for sharing your knowledge👍.. Keep sharing more knowledge with us

[@TamilKalanjiyamvideos]

Hi bro excellent eye opener!! Pls upload a video about PLI Postal scheme.... Can we go for it?

[@AbdulRehman-ew5fu]

neenga upload panna videos la ye enaku romba pudicha video.. ❣ I've seen so many people falling for this insurance misselling traps. You're doing a great job educating people!👏

[@financiallearner8321]

Romba thanks bro indhah topic pesa solli naan dhan kettu irundhan reply pannitinga

[@sitharamm4687]

great bro you're explanation. I am going to take plain insurance for my family

[@ezhilarasan5593]

Bro.. awesome.. Bwen hitting on many videos.. But ur a different breed man, awesome near n simple explanation... U changed my perspective of investment.. Tha ks a lot.. I was about to go for the 10yrs to 15 yrs pension kinda schem.. u made think

[@karthickmohandas3259]

Hats off to you bro! I don't know how I have missed your channel so for, after watching one video, literally I have started watching all the other videos one by one .....very much awaited for upcoming videos!..

[@finance.boosan]

Welcome aboard! Thank you for positive words and support Karthick ❤️

[@leelaashok3296]

There is another one policy called pension plan. They keep a hidden word as paid out or paid up capital. Paid out is pension plan but the bank person asked u want monthly or yearly we said yearly as the sun for our investment was very low for month so that man said paid up is better for you. But we did not understand the trap. We had to invest almost 5.3 lakhs a year for 12 years and they said we will receive pension from 15th year till the end of life and an insurance money if 50 lakhs Incase if death. We paid for almost 6 years and they said that yours is paid up so you will not get pension but you will get a lump amount after death or you will get 2 crores when ur age is 99. This was done by kotak life. Please be very careful now we surendered the policy and lost more than 8 lakhs. Friends please be aware of the trap. My request is please make a detailed video of such traps too

[@parij4840]

that is endowment plan - investment + term insurance. For me, I choose pure term insurance in tata aia insurance

[@sathiyaraj3375]

Super sir..great explain

[@Mohandted]

Sema bro... I'm one of the person who affected in this scam by purchased "HDFC Classic assure plus". Now I can't surrender my policy. If so I can't get even my paid premiums.

[@kesavaramanc3488]

You are the different person from other you tube Channel. Very good information giving to all

[@clloydwalton]

Best video about insurance miss selling . Thanks a lot bro

[@ravischolaris2398]

Bro idhey mari vera ena mari la scam iruku nu video podunga bro, very useful

[@nikhilbank1363]

Bro superb... Intha maari naraya informative videos podunga bro

[@muthukumartvn]

Very super , content rich

[@paulraj4452]

No one will tell this secret. Good job bro...

[@joespet5578]

Thank you 🙂

[@vigneshkumarsrinivasan3991]

Superb explanation bro.. Also you missed to add on more thing in that savings linked investment scheme, they always used to have some locking period/fine amount when we try to withdraw the amount in the middle duri g some emergency.

[@hariprasath7050]

Your point correct but FD Gold Nifty 50 all are subject to volatile even in FD right now situation offering minimum 7% above all bank but maximum tenure period was 10 year but upto 5 year tenure only they provide 7% above when it cross above 5 year bank reduce their interest rate to below 7% may be small finance bank give higher rates obviously it comes under risk portfolio Nifty 50 is best but here also the problem comes what after 10 years if we like to withdraw investment at the time market crash means we can't able to get minimum 6% interset rate for 10y Gold Commodity price increase only but still not sure about the price after 10y it prices up or down but compare to other investment portfolio gold is reliable at slow rate of price increase Bonds offer higher yield and higher interest compare to FD suppose we bought at 8% interest rate now secure bond or Government bond for the tenure of 10 to 15 year at end of maturity date suppose Bond available above 8% interest rate means then selling the bond is difficult also at discount price it impact our principal amount even though if we get interest amount on regular basis My Conclusion is that you said correct in this video I'm not against your point but how many people will know to hedge their funds in volatility and crisis in economic only few of them know in reality so better like that people go with agent what they did offer initially without knowing their investment guarantee the higher interest as you said

[@SridTech]

Bro you are clearly making many people fears go away with your crystal clear explanation and suggestions on buying a suitable term insurance. I love your content. Subscribed as well. Further doubts - What if a person with age 25 with a term insurance upto 65 years has decided to shift to another country. How will this work out? Does he need to pay the money for the term insurance bought in India or he can stop paying?

[@arvindramachandran9926]

You are awesome Boosan. Keep up the good work in educating us.

[@ranjithkumarkarthic8696]

Great bro❤

[@sureshkumar-kv9tm]

Super bro simple ah elllrukkum istanamana fd vachu example kamichu clear ah solliteenga nice sirakkattum ungal pani

[@finance.boosan]

Thank you Suresh, glad you liked it. Please share it with your friends & family if you think it'll help them : kzbin.info/www/bejne/h2jce4qDobh5pJY

[@sureshkumar-kv9tm]

@@finance.boosan sure bro already shared

[@SathishKumar-dp4cd]

Cristal clear explanation bro

[@lightyagami-qv2mg]

Your advice is greatly appreciated thank you so much.

[@prabhuprabha1384]

அருமையான பதிவு ஐயா

[@DomnicSaviyo]

Super bro ..

[@ponr6737]

Valuable information liked shared 🎉

[@BRS-Saravanan]

Yes...must known facts

[@manidictionary3449]

Thank you bro

[@rajmaxi9923]

Excellent and precise explanation. Keep going, bro🙌🥳

[@kishokkumar619]

Hats off..you are simply rocking 🎉

[@Trader.Kamalakkannan]

Very useful.. subscribed...keep posting like this...

[@Amala_suresh]

Hi boosan pls talk about gold gullak - gold leasing scheme Promising 11+5% returns

[@velukarthicks]

super brother 🎉

[@Mr_Sylance]

Charges ah vitutinga bro. Premium Allocation Charge, Policy Administration Charge, Mortality Charges, etc etc

[@saisiva8944]

U are the best 🙏❤

[@greenhorn7189]

Keep doing. I had a great time to see. 🎉

[@SathishKumar-dp4cd]

Bro in plain term insurance if any uncertainty happened insurance company will give to nominee only insured amount or with our premium amount + insured amount like life insurance.

[@Karthikeyan-rp3ck]

Super bro

[@manikandan-jn1rc]

Super bro 👍👌👌👏👏🙏

[@kesavaramanc3488]

Very useful information sir.

[@akashmaharaniganesan5402]

Very useful information bro thank you so much

[@ramamoorthyg0102]

10000% worthy video😊😊

[@manuchristal3394]

Thanks Brother.. Wonderful content..

[@fazilahamed1]

Semma bro,

[@user-kx3yy8sy4e]

Great Video Bro I learned a lot!

[@DharshanMS]

What about Income tax? FD would have attracted 30% IT on returns, whereas in Insurance+Investment, it is 0% on returns.

[@anbumano6688]

Vera level bro neenga

[@vigneshkumar2553]

மிக்க நன்றி

[@sravichandranr778]

Good explanation

[@ndtvist]

Semma explanation bro 👏👏

[@swarnalatha7767]

Very useful message👍🙏

[@arunrajaraman3946]

Great bro thank you so much

[@shakemohamad6408]

Good information brother👌👌👌👌 🙏🙏🙏🙏

[@darkevil5220]

Boosan bro .. my 1st job insurance sale panradhu tha enga manager oru person ku brain wash pani per annum 40L(splited by 10L each) premium icici saving suraksha scheme la vangunaha... that 40L fully icici paid our company as branch income andha 40L 18% manager ku commission pochu.. then next year 50% branch premium apdiye branch income.. but customer no benefit indha . Enga office la insurance ah investment madhiri solli tha sale pani Target complete panvaga. Indha pavam na panna matan nu one year la investment ellam learn panitu veliya vandhutan.

[@vedhamoorthisundaram1549]

Hi boosan , health insurance pathi oru video podunga

[@vigneswaran7508]

IDCW and IDCW reinvest explain panuga bro

[@user-or8hx2db9b]

Superb bro

[@kaja9171]

Thank youu 🤗

[@gururider8185]

Super bro thanks for information

[@sivasubramani9141]

Great bro

[@kathiresanl5385]

Super bro ur great

[@kathiresanl5385]

Bro I need team insurance suggestions

[@gunasekaran8984]

Good content almost fell for it.

[@novajohn704]

pure vennila and limited pay term 10 yrs will suite for pvt comp employees... they dont predict furute income

[@Mr.M.Aravinth]

Good videos bro,,, Thanks 😊

[@harikrishnan-fd7qb]

Very good video

[@deepakraju8649]

Bro i have recently started following your channel your videos n content are crisp and crystal clear for a beginner like me. Can you please talk about REIT.

[@lakshmanansakthi4869]

Nice explanation bro, can you suggest best company and plan vro

[@ravi74kumar]

Bro, the one which you have shown in the video is a Tax saving Insurance right? If it is so, we can claim that in 80C, when we compare that with the FD we can't claim FDs below 5L. And also, the outcome of that Tax savings insurance is tax free under 10D (I guess). On the ohter side the FDs interest amount is taxable. And major point is, we hardly get FD interest rate as 7+. But in that tax saving insurance 7+ is normal. Please clarify if anything wrong in my analysis bro.

[@veeragopi]

Superb information Mr.boosan thanks for your information

[@finance.boosan]

Thank you, Glad you liked it. Please share it with your friends & family if you think it'll help them : kzbin.info/www/bejne/h2jce4qDobh5pJY

[@veeragopi]

@@finance.boosan ok sure

[@bharathkumar8408]

Very informative bro👌

[@gokul.kalaiarasan6474]

Hi bro there will be variation in FD intrest rates at what ROI u calculated it??

[@s_r_i_8194]

Equity mutal fund sip for 3 years Nippon India Small Cap-G - 50.62% Tata Small Cap Fund Reg-IDCW - 45.75% Canara Robeco Small Cap Fund - 45.63% ICICI Pru Infrastructure-IDCW - 45.43% Bro ithula lam sip method la investment panalam ah..

[@AAA-id7fj]

Bro I invest in TATA AIA fortune guarantee supreme scene premium payment 6L , one lack per year for six year , policy terms 20 year

[@AAA-id7fj]

Yearly 24,433 returns for every 20 year and death insurance 10L is that use full bro ???