MyFundbox Financial Services

🎬 Finance Paulified!
Client Call #30: SBI Life Smart Platina Plus 📄
Policy Snapshot :
• ₹2 lakh yearly premium
• ₹22 lakh life cover
• Guaranteed income payout for 15 years
One thing nobody explains properly while selling policies:
What is the actual return? 🤔
After separating insurance cost from investment part,
the IRR came out to around 6.23%.
Compared to many traditional guaranteed plans, this is still better.
But does it beat inflation? 📉
If your investment is not beating inflation, is your wealth really growing?.
(Finance Paulified, SBI Life Smart Platina Plus, IRR, Wealth Creation, Client Call, Anuj Paul)

🎬 Finance Paulified!
Client Call #26: ICICI Pru Saving Suraksha 📄
Policy Snapshot :
• ₹96,386 yearly premium
• 10-year payment & policy term
• Life cover around ₹9.6 lakhs
• Maturity benefit + guaranteed additions + bonuses
One thing I liked?
The policy wording was quite transparent and easy to understand. 👏
But after calculations,
the IRR came out to around 4.8%.
Even after assuming higher bonuses, returns were around 5.45%. 📉
The real issue is not always the policy…
It’s whether the customer was properly told about the actual returns or not.
Transparency matters. Understanding matters even more. 🤓
(Finance Paulified, ICICI Pru Saving Suraksha, Insurance Awareness, Financial Planning, Client Call, Anuj Paul)

🎬 Finance Paulified!
Client Call #25: Tata Smart Value Income Plan 📄
Policy Snapshot :
• ₹1 lakh yearly premium
• 12-year payment term
• Policy term: 31 years
• ₹13 lakh life cover
• Monthly cash bonus around ₹3,000
On paper, it may look attractive:
Cash bonuses + maturity amount = “money doubled” feeling.
But after calculations,
the IRR came out to around 5.36%. 📉
Now compare that with inflation.
If your investment is not beating inflation, your money is not really growing.
That’s why insurance and investment should usually be kept separate.
• Buy term insurance for protection
• Invest separately for wealth creation
Before buying any policy, always check the IRR. 🤓
Boojhe?
(Finance Paulified, Tata Smart Value Income Plan, Insurance Awareness, Personal Finance, Client Call, Anuj Paul)

🎬 Finance Paulified!
Client Call #21: Bajaj Allianz POS Goal Suraksha 📉
Another “guaranteed” plan… but let’s see the truth.
Policy snapshot:
• Premium: ₹1.5L/year (12 yrs)
• Term: 20 years
• Maturity: ~₹41.6L
After adjusting insurance cost,
IRR comes to ~5.9%.
Yes, it’s guaranteed…
but guaranteed what?
Returns that may not even beat inflation.
Sometimes “safe” isn’t actually safe for your wealth.
(Finance Paulified, Client Call, Insurance Evaluation, IRR, Personal Finance, Anuj Paul)