ULIPs : Private Life Insurers Dominant Players

India's Private life insurers are dominant players in the unit-linked insurance plans (ULIPs) market. Data released by ratings agency ICRA shows that for private insurers, the share of ULIPs in their as AUM (Asset under Management)  was 67 % against 7.8 % for Life Insura…

Share:

Read More

Is Children’s ULIP Policy Suitable for You?

By Mr. Sridharan, Fundsindia.com As a parent, you must have paid a sizeable sum of money as donation for your kid’s admission in school. Rising costs of Education.. Besides this, you also have to regularly pay a certain sum of money for your child’s fees, and additionally, yo…

Share:

Read More

Since New ULIP Norms : 8 Lakh Insurance Agents Lose Job

It is more than 3 years since the unit-linked insurance plan (ULIP) regulations were introduced. But, a majority of agents have still not been able to adjust to selling traditional plans. Falling remuneration has aggravated the problem further leading to a termination of ab…

Share:

Read More

Best Tips to Choose the Right Fund Category in ULIP

By Mr. V. Viswanand, Max Life Insurance Here are a few points that can help you choose the right fund category in your Ulip: ( 1 ) Investment horizon for your Objective.. If you have medium term goal (5 to 10 years), you could invest in funds that are conservative, as these f…

Share:

Read More

Life insurance policy Changes from October 1, 2013 :. Agents’ Incentives Linked to the Premium Paying Term..

Few major changes are going to happen in Indian life insurance sector from October 1, 2013, especially in traditional policies like Endowment Plans, money-back plans & even ULIP’s. You will surely have a Life Insurance Corporation (LIC) policy or / any other private sec…

Share:

Read More

Unit Linked Insurance Plan - How to Choose The Right Fund Category?

by Mr. V. Viswanand,  Max Life Insurance Investment horizon for your objective..  If you have medium term goal (5 to 10 years), you could invest in funds  - Unit Linked Insurance Plan (ULIP)  that are conservative, as these funds will ensure a decent return and no loss of ca…

Share:

Read More

Traditional Insurance Policies Sold rose 90%..!, Drop of 80 % for ULIPS...

Indian insurance companies have recorded a huge rise in income from selling traditional endowment products, data from the sector regulator Insurance Regulatory and Development Authority (IRDA) shows, a sign that non-unit linked policies are making a comeback as stock market…

Share:

Read More

Mis Selling in Conventional Policies Also: IRDA Says..!

The insurance regulator IRDA (Insurance Regulatory and Development Authority) has said that life companies have shifted to mis-selling conventional policies after curbs were placed on unit-linked life insurance plans. (ULIPS) The comments by the IRDA its latest annual report…

Share:

Read More

LIC's Flexi Plus : New ULIP Policy...!

LIC of India's Flexi Plus is a unit linked Insurance plan (ULIP), which not only provides a lump sum benefit on death. But also the maturity benefit irrespective of the survival of the Policyholder. This plan is specially designed for provide a very good combination of …

Share:

Read More