I was introduced to a goclassic investment linked plan (TM) a few months back. Been researching but I did not see material related to it. Can anyone share your take on this? - Seedly
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Anonymous

Asked on 25 Jun 2020

I was introduced to a goclassic investment linked plan (TM) a few months back. Been researching but I did not see material related to it. Can anyone share your take on this?

Thank you!

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Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered on 25 Jun 2020

These life insurance plans are not good investments. They are complex, deliberately hard to understand, expensive and thus underperforming compared to other modes of investing.

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