Oct 22, 2010 02:24 PM
9087 Views
I bought Bajaj Alliance ULIP 3 years back. Initially It was told to me by an agent that I will get around 35% profit after 3 years but today I got only 2% profit in 3 years. They charges around 55% of first premium as service charge and then invest in such stocks that you will never get good return value of your money.
Moreover whenever you will pay second or third premium, they will buy units of 95% money only..where goes remaining 5% no one knows. Neither you will know what they have done to your money..even invested somewhere or not. This is totally useless product.
~ Premlesh
