Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Would you pay 65% commissions?

1 Dec 2007Deepak Shenoy1 min read

Quick Facts

What is "Would you pay 65% commissions?" about?
What category is this article in?: Opinion
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 1 December 2007.
How long does this article take to read?: 1 min read
What topics does this article cover?: ULIP

Some people do, it seems - to buy this Birla Sunlife ULIP - the first year policy premium allocation charge is 65% for a 15 year plan. The net deductions are more than that of course, but 65% is only the allocation charge.

You would think they may have no other charges in subsequent years perhaps?

65% commissions and then some more each year. Someone has to be really drunk to agree to buy this policy.

Tagged:ULIP