IC-33 Exam of the IRDA

Insurance products as an asset class have always attracted me.This is because I am always on the lookout for investments where the downside risk is nil or minimum and the upside gain is disproportionally higher i.e a sensible asymmetric risk return scenario.I wrote about such investments in this post:Link.

Now insurance products will never give you the returns you can get from businesses, but on the other hand,not all insurance products are such losers as many financial planners,mutual fund agents and stock brokers claim.As far as returns from retail investment products go,returns from good insurance products are at the upper end of the spectrum.

Insurance products have a mixture of financial calculations and legal implications,just like options writing, which makes them interesting.So you can use them creatively to build wealth without unduly increasing risk.And meanwhile you can enjoy free insurance covers.Nothing like free options to make a bargain minded person ecstatic! Read more of this post