No era inversión. Era un seguro. Y tú pagaste la comisión del vendedor.

In this episode of The Wealth Revolution, I analyze one of the best-selling financial products in Mexico and Latin America: Segubecas (scholarship plans) and endowment insurance. For years, these products have been presented as plans for children's education, retirement, or wealth building. But behind that promise, there can be a much more complex structure: high commissions, low transparency, withdrawal penalties, and a conflict of interest that many people are unaware of before signing. The problem isn't life insurance itself. The problem is combining protection and investment in a single product without understanding the cost of each component, who profits from the sale, and what the true return is after inflation, commissions, and opportunity cost. In this episode, we discuss: What a Segubeca or endowment insurance plan really is. Why it's often sold as an investment when it doesn't function as an efficient one. How insurance agent commissions can operate. What happens to your money during the first few years. Why separating life insurance and investment can be a more transparent alternative. When might certain PPRs or Unit Linked policies make sense for specific profiles? What to review if you already have a Segubeca or endowment insurance policy? This episode isn't meant to make you make an impulsive decision. It aims to give you information so you understand what you've purchased, what it's costing you, and what alternatives exist.