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ULIP SURRENDER CHARGES
LIC profit rises 38%, private players see 15% declineICICI Prudential Life registered a 1% growth in net profit, while Bajaj Allianz Life Insurance saw an even smaller 0.3% uptick.
ULIP premiums of private insurers surge even as mutual funds attract inflowsICICI Prudential Life Insurance, the largest private life insurance company, has had 85% of its new premiums coming from ULIP schemes in FY...
Personal Finance: Pvt life insurance cos report drop in profit due to lower surrender charges on ULIPsBefore the 2010 guidelines on Ulips, insurance companies used to make substantial amounts of money from the premature closure of policies.
Holding a high-cost Ulip? It's time to get outBefore the 2010 guidelines, insurance companies used to frontload the charges on these plans, making the first few years super costly.
Holding a high-cost Ulip? This could be a good time to surrender itREALITY CHECK: Thanks to a booming market, Ulip funds have given good returns.
Avoid costly ulips even in rush to save tax, say experts“Though commissions have dropped from over 20-30% before September 2010, Ulips are still an expensive affair,” says Pankaj Mathpal, CEO of ...
Why you should stay with UlipsLife Insurance is a long-term product and Ulips are no different. It is important to keep the Ulip policy in force for the entire term by p...
- Q&A: Insurance
Returns from your Ulip depend on the performance of the underlying fund and various charges applicable in the plan.
- Ulips’ charges may be down, but they still have many limitations
Now that the charges have come down, do Ulips, being a combination product usually with a focus on a particular goal, make a good choice?
- Buying a ULIP? Scan the charges that you will have to pay
Understanding the various categories of charges that you will pay will help you make a better decision on which ULIP to choose.
- Things to do before you exit that Ulip
Stuck with a policy or find the premiums too steep? Here are some ways to exit with the least damage.
- IRDA plugs another loophole, allows universal life with riders
The insurance regulator has allowed insurance companies to once again sell universal life plans on the basis of new guidelines.
- IRDA to make ULIPs investor-friendly
Insurance regulator IRDA, which has won its turf war with market watchdog SEBI over regulation of ULIPs, is expected to tighten norms for t...
- ULIPs all set to offer guaranteed returns; IRDA to raise risk cover
Ulips are set to offer guaranteed maturity benefits to protect policyholders even when mkts crash. Insured adequately? | Mid-Term Picks | T...
- Read my Ulips, it's a better long-term bet
With changes in charges & tax structure, Ulips have become more attractive than MFs if you are willing to stay invested for long-term. Tips...
- IRDA to raise lock in period for ULIPs from 3 to 5 years
IRDA is set to raise lock in period for ULIPs to 5 years from 3 yrs. The ceilings may come into force from October. Gainers: BSE ( A, B ), ...
- IRDA for 5-year freeze on ULIPs service tax
IRDA has sought a five-year freeze on service tax to be charged on life insurance companies that collect money from investors to manage the...