Recently a reader asked a question about ICICI Life stage pension assure plan on Investta - Entrepreneurs & Investors Forum.
Well, he wanted to invest in this pension plan and I break down and review the entire policy and finally we cam to conclusion that you should not go for this plan.
ICICI has planned to launch new complex financial product every 45 days in year 2010 and this is one of this product. do you know that 100% of your first premium in this pension plan will go towards paying premium allocation charges and insurance agent commissions?
and 0% from your first premium will go towards long term investments to buy NAV.
Read the Discussion thread to learn more.
If you have any query about any financial product in India or elsewhere in the world than ask on Investta.com. We will be happy to answer all of your queries in a great detail.
Before buying any financial product, discuss it on Investta and increase your Financial IQ.
Anyways...waiting for you on Investta.com
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