Birla Sun Life Mutual Fund has announced dividend under the dividend option of the following schemes:
Schemes
Birla SL FTP Ser IU Reg-D
Birla SL FTP Ser IU Reg-DQ
The quantum of dividend will be the entire distributable surplus as on the record date.
The record date has been fixed as November 07, 2016.
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Only 7% of life insurance payouts are death claims
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Only 7% of life insurance payouts are death claims
IRDAI's own consultation paper shows surrender payouts are five times larger than death claims. This industry is not selling protection. It is selling an exit.
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You spent 35 years learning not to react. Then you retire with time, a corpus and a phone, and the habit that built the money starts working against it.
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