Overview ULIPs vs Mutual Funds: Which Offers Better Returns? ULIPs (Unit Linked Insurance Plans) combine insurance and investment, while mutual funds focus purely on wealth creation. In general, mutual funds offer better short- to medium-term returns due to lower charges and dedicated fund management. However, ULIPs provide tax benefits and life cover, making them suitable […]
Articles Tagged: unit-linked insurance plans
Reducing costs in traditional insurance plans
Published in Mint on 5th February, 2018. While most insurers favour status quo, will the lowering of surrender charges in traditional insurance cum investment plans benefit the policyholders? We ask the experts. R.M. Vishakha, MD and CEO, IndiaFirst Life Insurance Co. Ltd Unit linked insurance plans (Ulips) are market-linked, and investor bear the risk of […]
Should insurance give or take away your money?
Published in Mint on 9th January, 2018. Last month two important news items broke in the life insurance space. One was about misselling in the and the other was about consumer losing money due to high exit penalties. The case of misselling was reported on thewire.in. It said Rajasthan Police is investigating a case where bank […]
Stopping premiums can reduce life cover
Published in Mint on Dec 02 2015 The Insurance Regulatory and Development Authority of India (Irdai) reiterated recently that when a policy is surrendered or discontinued, the insurer will have to follow the rules stipulated by linked and non-linked product regulations that came out in 2013. The regulator said so in a notification that came […]
Look at costs when index-linked insurance products are revived
Published in Livemint The Insurance Regulatory and Development Authority of India (Irdai) stated in a circular last week the formation of a working group to examine various aspects of index-linked insurance products (Ilips) that may be offered by life insurers. Ilips are not new in life insurance companies’ arsenal. Before 2013—when the regulator banned the […]