Personal Finance 101 June 5, 2021 / 2 Comments Video Presentation https://docs.google.com/presentation/d/1K7sVAskYankd5cTZiCvMFociLpRg14hvrCOoVepqNt4/edit?usp=sharing
Thank you very much for a very informative session yesterday ! It surely inspired us all to take an active re-look at our current positions.
Could you pls share your views on Income Protection Savings plans eg. SBI LIFE â€“ SMART INCOME PROTECT
I remember you mentioning how endowment / ULIPs are not recommended
However, if not these 2 products, what alternative products would you recommend for someone looking to take a sabbatical from work in the near future, and looking for a monthly income plan ?
Looks like 6% return policy with inadequate cover. Would not recommend it. You can build your monthly income plan using SWP from a mutual fund corpus.