Big Investment mistakes - don't fall for these 5 ULIP sales pitch
ULIP is a 5-year tax-saving product. What they say: "You have to invest for only five years" - this is a common sales pitch used as bait to lure in potential buyers who are merely looking to save tax and lock in funds for a short duration.
Are you being told 'This ULIP offers guaranteed market returns' ?
When insurers or financial parties claim their product is better than other types of instruments, this sets the stage for deception. While some instruments are more suited to one individual over another, there is no universally ideal financial instrument.
Read more:
https://www.livemint.com/money/personal-finance/be-careful-of-these-sales-pitches-when-shopping-for-ulips-11613496511618.html
https://www.businessworld.in/article/Beware-Of-These-Insurance-Mis-selling-Traps/18-12-2019-180699/
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