Insurance Is The Only Long Term Product Available?

Kamesh Goyal, CEO, Bajaj Allianz Life Insurance has an article on ET (By Invitation) titled; “Nature of Life Insurance Products is such that they deal with both Investment & Protection”

Mr Goyal has put forth his arguments as to why the whole idea about life insurance is about both investment and protection.

Honestly, I could not make any head/tail of his arguments. I am still waiting for his response to my “Open Letter“.

Mr Goyal goes on to declare that “No other financial product is available in the market which is long term in nature”.

Did I read correctly? Does that mean that holding onto my Mutual Fund scheme or my stocks for a long term is not done?

I wonder how a CEO can write that on a leading business daily?

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Posted in Financial Awareness, Insurance, Misinformation
3 Comments » for Insurance Is The Only Long Term Product Available?
  1. Sankha Deep Das says:

    Ranjan Ji

    You have done a great job on behalf of us. We, who have been continuously fooled by those companies, will be surely benefited.

    We are also waiting for the reply.

    Best regards
    S.Das

  2. Subramanyam says:

    People in high positions can stand as is convenient. Does the Chairman of ITC not talk about ‘Corporate Social Responsibility’ while full time spreading Cancer?

    It is difficult to teach a person something, especially, if his INCOME depends on NOT UNDERSTANDING it.

  3. Ranjan says:

    Thanks Subra for stopping by and taking time to comment. Thanks

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