A strange argument in favour of ULIPs (insread of Mutual Funds)
Since Insurance is always sold and not bought, it requires considerable individual efforts to sell the product. The individual needs to be remunerated upfront which results in a seemingly higher cost. However as the product is sold for a longer term it gets amortised over longer period….
That is your Insurance Agent’s argument. Do you agree?
I find it absurd!
sir,
your views are true but do you know that we work only on commision basis without a regular salary and expences like travelling, phon bills food etc are paid from our own packets.kindly remember first year only we get max. 40% commision from which some yes some policyholders ask for a share. thanks
sir,
your views are true but do you know that we work only on commision basis without a regular salary and expences like travelling, phone bills food etc are paid from our own packets.kindly remember first year only we get max. 40% commision from which some yes some policyholders ask for a share. thanks