A Hoax. Review on ICICI Prudential Life Insurance

Hi,

I'm Parmar. a member of ICICI Prudential life insurance. As a seller I get commission of jus 12% on lifetime. All those who say 50% as commission is a Hoax.

Out of the 12 % we pay around a percent to Govt. as Tax. to we've around 10.2 in our hand. Dont you guys think we are worth it.

Also that ICICI or any insurance company be it LIC never promise on returning what you pay . But our fund managers are best in the industry. I've seen growth to amzing height since two years.

So its better for those guys to be silent when the truth is not known by you.

I love to work with icici though I got offers from various other companies. since i'm one of the top 25 advisors in chennai. The team manager is good as well as the infrastructure.

Please review things before pointing out your finger.

Ok Let me decribe in detail. I don't say ICICI is the best. Before this segment was privatised the LIC ruled it. And the trend continues...

But After 1999 IRDA came in to force and allowed foreign investments. Prudential is a UK based Insurance Co. and invested into ICICI bank division to make ICICI Pru Life Insurance Co. Ltd.

The Main objective was for Insurance but it soon entered in to Unit Linked plans. Thats where ICICI captured major portion of Market. It is obvious that any person invest into equity is quite risky but that is merged with Life Insurance only bt ICICI in earlier Period. Also that Many of the Competitors tried doing the same but couldn't succeed. Lifetime is the Product which is compared with 72 different products of Insurance Co.

LIC or any other insurance company after IRDA was made was supposed to reserve fund of Rs. 100 Crores for safety. Thats Why its safe to invest into insurance rather than Mutual Funds or Shares.

The Story is Quite a Long but believe me i've sold product like Lifetime Not jus for selling but as a true investment for the client.