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UNITLINKED INSURANCE POLICIES
NFO Update: Tata AIA Life Insurance launches Multifactor Index FundTata AIA Life Insurance has launched the Tata AIA Multifactor Index Fund, a ULIP-based offering designed to combine equity market participa...
India insurers seek doubling of tax-free limit for some products to boost inflows, sources sayIndian life insurers are asking the government to double the tax-free limit for insurance policies. This move aims to increase money flowin...
3-in-1 insurance: Soon, you can get life, health insurance and market linked investment in one combo productUnder the revised procedure, the insurers are now permitted to 'use and file' group unit-linked life and health insurance products. IRDAI h...
Five rights you have as an insurance policy holderPolicy holders can modify the mode of premium payment and switch from cheques to direct debit or through ECS instructions to their banks.
IRDA proposes 25% of unit-linked insurance funds be invested in government securitiesG-sec investment could lower returns for investors and force insurance firms like ICICI Prudential and HDFC Life to deliver lower returns.
LIC's FY15 policy sales income hits a 10-year lowLIC's premium collection from sale of new policies fell to Rs 78,302 crore in the fiscal year ended on March 31, 2105, compared with Rs 90,...
Phenomenal performance by Sensex and Nifty rekindles interest in Ulips; experts for rebalancing portfolioWith the benchmark stock market indices, Sensex and Nifty, scaling newer peaks every day, equity investors are euphoric.
- Bharti AXA Life launches five products
Private insurer Bharti AXA Life Insurance today said it has launched five products - two of them unit-linked and three in traditional categ...
- LIC announces launch of Endowment Plus Policy
Life Insurance Corporation of India on Monday announced the launch of Endowment Plus Policy, which is LIC's second unit-linked pension plan...
- Rush to sell Ulips ahead of July 1
Mandatory bundling of insurance & health covers with ULIP may impact insurance cos.
- IRDA’s new norms to provide strong cover for Ulip holders
Holders of unit-linked policies will in future get more of their money back if for any reason they are forced to surrender their policy wit...
- LIC to take refuge in more conventional policies
The country’s largest insurer - LIC- has decided to rebalance its product portfolio to have more of conventional policies. Re-evaluating in...
- HNIs likely to stay away from ULIPs
Insurance companies are expecting high net worth buyers to keep away from unit-linked insurance following the crash in equity markets.
- LIC agents promise 200% return on '0-investment' plan
Agents are targeting existing policyholders & are sending letters with policy number on which the loan is eligible. Look before you exit an...
- LIC awaits IRDA clearance to roll out health cover products
Health insurance products from state-owned Life Insurance Corporation of India (LIC) are expected to hit the market by the end of the year.
- IRDA to check mis-selling of Ulips by agents
IRDA will soon take measures to counter mis-selling of Ulips by insurance agents.
- Secret of Bajaj Allianz success
The secret behind early profits of Bajaj Allianz Life Insurance is out. The company has managed to avoid losses on new unit-linked policies...
- Ulips boost life insurance in May, June
Life insurance sales have jumped in May and June as insurers pushed unit-linked insurance products (Ulips) earmarked for closure. Dozens of...
- LIC bars ‘new’ agents from selling Ulips
Life Insurance Corporation (LIC) has decided to limit the number of agents selling unit-linked insurance plans (Ulips). LIC has decided tha...
- Insurance companies ready new Ulips for July launch
The Insurance Regulatory and Development Authority has decided not to vet unit-linked insurance plans which will be introduced by companies...