Insurance Mis-selling Decoder
“Pay ₹50,000 a year, get ₹15 lakh back — fully guaranteed!” Endowment and money-back policies sound great until you work out the actual return. Enter the numbers and see the real IRR — and how thin the life cover really is. Everything runs in your browser.
Educational maths on your own numbers. It is not advice, not a recommendation to buy, keep or surrender any policy, and not a prediction. Use the guaranteed maturity from your policy document — projected bonuses are not guaranteed.
Why this matters
Endowment, money-back and ULIP policies mix insurance and investment. The catch is that they often do both poorly: the real return is typically 4–6% a year, and the life cover is tiny relative to the premium. Pure term insurance usually gives many times more cover for the same money. Knowing the actual IRR lets you judge for yourself — this tool just does that maths, it does not tell you what to do.