Fooled by Guaranteed Income Plan | Ft @tejasjosh.i | #shorts

Pay Rs 5 lakhs for 10 years and start getting Rs 6 lakhs per year for the next 25 years!!!

Got tempted by this??

They are termed Guaranteed Income Plans, which mix traditional insurance with savings or investment plans.

But one thing is always missed when marketing it i.e. GST!!!

GST is charged on all the premiums that you pay!!

Which in turn increases your expenses and is not considered while calculating returns!

At the same time, the insurance coverage is not enough to cover your needs or protect you from inflation.

Not all guaranteed return policies are bad and they might be a part of your overall portfolio. Although what if the policy you took is not good?

You can surrender the policy within the free look period!

Insurance companies usually give 15-30 days of free look period from the date of delivery of the policy document where you can terminate the policy without paying the surrender charges!

So, before investing in any investment products, read the fine print carefully!!

#anushkarathod #finance #insurance #investments #guaranteedreturnplans

[amwayreviewsandbusiness]

Such type of youtubers are gems for our country, they are educating common people not to get trap in such Fraud cases.
Very nice 👍🏻👍🏻, keep going✨✨✨✨

[cmramff]

15 lakh ki Investment pe 57 lakh Rupees Return Ho rhe hai With in 30 years And tax ke 2 benifit bhi mil rhe hai 80c and 10-10d maturity amount apna non taxable hai to ek tareeke se theek thak hai ye plan pnb MetLife ka hai name met guaranteed future plan

[JaiShreeRam-nzen]

Varinder brar's song's music on background made the video more

[supstar]

Anushka, you’re amazing. Thank you for making such informative videos.

[ushaburli]

I agree with the GST part. Having this plan is equally important in the market. stocks and mutual funds cannot officially give more than 15% returns in long term period. Plus it is taxed and no benefits in terms of retirement planning

[mohitmishra]

How about making it a part of long term debt portfolio and lock the current 6.5% IRR for next 30 years as bond/FD rates are going to come down in the future decades ? Did you think from this perspective?

[Nishortz]

Bank FD deduct tax when on maturity minus tax your FD interest would be 4%😂😂

[product]

I have been approached by beautiful female agents with an objective of devouring commission out of 3lakhs yearly premium..I was in dilemma whether you do or not.
The time being too long resisted me in doing.
I was about to do as they offered me big share of their commission. But this video saved me and put a full stop in their devouring mouth and now escape their faces upon seeing me

I salute your plan of posting reel which helps innocent people to fall under victim to these evil motive peoples

[bharatkrishnan]

With out gst which is that policy now available in market bro?

[atpidus]

The government must stop this type of products immediately and make this woman finance Minister.

[urp]

Every product or service has their own features

[nishikamaheshwari]

Didi epf facility private job's mein bhi hoti hai?

[Nishortz]

GST is there for all the products and services...

[Khargoshsirohi]

If bank promises to give lumpsum amount back. Let's say invest 1Lakh each year for 10years and you receive 16.5L back. Is it okay now? Around 8% return?

[DEHRADUNSE]

Thank you so much cancelling it tomorrow

[viralindiaPlus]

Bharat ki economic aane wale time me gir jaygye ki kyuki me bharat per Raj kerne wla hu..

[sumeetpapa]

Hello mam what if the policy is going on for three years

[gdamodharreddy]

all plans are gurenteed revenue plan for insurance companies, banks, government, but for customers guarenteed bewakoof plan

[SunitaNegiDelhi]

What about refund after free lock period ?

[divyanshupatni]

Mam What is your educational qualifications