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Here’s a timely article featured in The Economic Times on why you shouldn’t invest in a ULIP.
Between us, D & I have a ULIP that commands a ridiculously hefty premium, provides a really laughable amount as insurance coverage, and has actually tanked in value. Ouch! Thankfully, it’s about to complete three years of tenure and we can look forward to burying it.
ULIPs = Weapons of Mass Financial Destruction. Stay away from them.
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