Ask Value Research

Hidden charges in insurance plans

Traditional life insurance policies like endowment plans and money back plans do not disclose any charges levied

While opting for any Insurance plans, how do we find out the hidden charges, especially mortality charges levied by the Insurance company?
- Mahesh Joshi

We only recommend term plans to buy life insurance cover. Term plans are pure insurance policies. Their premium comprises only mortality charges. That is what makes them the cheapest insurance products.

Unit linked insurance plans or ULIPs deduct various charges. Mortality charge is one of them. All charges are disclosed in the policy brochure and policy document under the head 'Charges'.

Traditional life insurance policies like endowment plans and money back plans do not disclose any charges levied.

This article was originally published on August 31, 2015.

Top Picks

PPFAS Wealth takes its simple way to wealthy families

19 min read•By Ruchira Sharma

Welcome to the New Value Research!

2 min read•By Value Research

Two international funds stay open. Only one takes new SIPs

5 min read•By Aakar Rastogi

Laurus Labs: A contract manufacturer in the making

5 min read•By Arpit Suri

Five international funds open. Nasdaq 100 ETF nears value

5 min read•By Aakar Rastogi

New episodes every Friday

The cost of growing

Growth is only good when it pays its own way

Other Episodes

Other Categories

Fund Advisor's Note

Fund Advisor Live

Ask Value Research

In these short videos published on a daily basis, Value Research CEO Dhirendra Kumar answers readers’ questions on saving and investing.

Factor Insight

Fund Advisor

Personal Finance Insight

The Plan

A regular feature in which we draw out a financial plan to help investors reach specific goals.

alphanso

First Page

Value Research CEO Dhirendra Kumar reflects on pressing issues facing investors today and shares timeless advice to keep them on track.

Investors' Journeys

NPS

Articles about the National Pension System aka NPS, published on Value Research Online.

House Voice

Once every year, Value Research speaks to every Fund House to understand their views on developments in the past year, their strategies and expectations.

Special Report

Catch the latest webinars and updates on new issues here.

The Index Investor

Smart, low-cost investing made easy with broad market exposure and long-term focus.

Data for Thought

Articles that contain data analysis of stocks, mutual funds and other investment vehicles.

IPO Analysis

Our analyses of IPOs will answer important questions on the company’s fundamentals, business model, strengths, weaknesses, and of course the valuation of the stock.

Stock Advisor

Value Research Stock Advisor is a premium service that provides subscribers with thoroughly-researched stock recommendations with regular updates. The stories here draw from the Stock Advisor team’s experience researching companies.

Fund News

Check updates from Mutual Funds on dividends, changes to exit loads, NFO announcements, and more.

Fundwire

News, analysis and features on mutual funds.

Marketwire

Archive of articles about the stock markets in India - their valuations, crashes, upward trends and more.

Newswire

Archive of news updates related to investment regulations, stock markets, mutual funds and more.

Stockwire

News, analysis and features on stocks.

Alpha Managers

fund manager interview

Cover Story

Fund Focus

Fund Focus is an archive of articles on specific mutual funds and AMCs published on Value Research.

Interview

Insightful conversations on the markets, funds, and what matters right now.

Learn

Learning

Useful articles to help you invest better, whether you are a new investor or well into your investment journey.

Reader's Voice

The Big Fund

Videos

Words Worth

Archive of articles that focus on the investing philosophy of masters like Warren Buffet, Walter Schloss, Charlie Munger and more.