Anil Ambani Group company Reliance Life Insurance on Wednesday launched a unit-linked insurance plan that will provide policyholders the benefits of regular savings with enhanced protection and market-linked returns.
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LIC crosses Rs 10 bn mark premium under new ULIPs
The Life Insurance Corporation of India (LIC) has crossed Rs 10 billion mark under the new ULIP plans, pension plus and endowment plus.
If you are buying a Ulip, ensure you are invested for long term
Money-back plans, due to their very structure, are conservative investment options aimed at minimizing risk and providing certainty to the policyholder.
SBI Life Insurance launches new ULIPs
Leading the array of Unit Linked Life Insurance Plans (ULIPs) being introduced, SBI Life, the leading new generation life insurer, has launched Smart Performer and Unit Plus Super. These products are part of the new range that would address long term wealth-creation and protection needs of varied customer segments.
Sixty ULIPs filed with IRDA for approval
More than 60 new unit linked insurance policies (ULIP) have been filed for approval with the insurance regulator during the past two days by the Indian life insurers.
LIC to seek IRDA nod for two new Ulip schemes
Life Insurance Corporation of India (LIC of India) is likely to submit new unit-linked insurance plans ULIPs with the IRDA in light of its two plans coming to a close.
Pension Plus
LIC’s Pension Plus is a unique ULIP plan where the minimum rate of interest is guaranteed. This plan is excellent investment towards essential long term financial planning.
Options in tax-saving investments – 2010 – 2011
Among instruments you cannot do without, is Public Provident Fund (PPF) which offers tax-free eight per cent annual returns with no risk, making it a good fit in most portfolios. However, a person can invest maximum of Rs 70,000 each year in PPF.
Unit Link insurance sales slow due to new IRDA norms
It’s been over two months since the new IRDA norms for unit linked insurance plans (ULIPs) came into effect. The guidelines that have capped the overall charges and also imposed a minimum prescribed return may offer a much fairer deal to investors, but don’t seem to have set the cash registers ring for companies.
ING Life launches ‘ING Prospering Life’
NG Life India today launched its versatile new Unit Linked Insurance Product (ULIP), which meets the wealth accumulation and protection needs of customer.