Is the 14% ULIP promise fact or just another marketing trick?
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar said such pitches amount to mis-selling, pointing out that they ignore policy charges, wrongly promise tax-free maturity on large premiums and use projections outside IRDAI rules; India Today cited his LinkedIn post.
More of Abhishek's views on insurance
The article examines sales pitches that present unit-linked insurance plans with high projected growth. It explains how policy charges cut the amount actually invested, why tax-free maturity does not apply to high-premium policies, and that IRDAI permits only lower illustrative scenarios in official benefit projections.
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Is the 14% ULIP promise fact or just another marketing trick?