Read Manish Chauhan’s excellent post on Agents misselling LIC Wealth Plus. The product promises the highest NAV in the next seven years, and some agents are trying to sell this by using the NAV of a different policy (that does not have such a guarant…

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Sometimes a picture is worth a thousand words. I was pointed to an ICICI insurance page today that had snazzy little buttons and boxes that showed you how rich you could become if you invested so much per month. So I decided, to create my own littl…

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Khushal Devera at Moneycontrol: Sachin’s family want to get their daughter married after she completes her graduation – that is another three years away. They did some calculation and decided they will require Rs 2.5 lakh for the marriage. Sach…

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ULIP Advisors just do not know how to stop. Someone who harvested phone numbers from random sources calls me and says he’s from Kotak and selling me a plan that is (Hold your breath) NOT A ULIP. According to him it’s a plan where: You can inves…

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Jago Investor, which has become an excellent site, has a post on misselling ULIPs.

The story: A family that had 10 L to invest, gave it to someone they knew in an investment bank, who considered all possible investments and chose the one that made hi…

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