It turns out(*) that the new guidelines for ULIPs in 2010 have claimed another victim: Cover Continuance. The concept, prior to September 2010: if you bought a ...
ICICI Launches an online iProtect plan – for a 35 year old, the premium is just 24,000 for a 30 year, 1 crore term insurance. This is bought entirely online ...
Devangshu Datta gets it absolutely right: Ulips have been around for several years. The structures are known. Every financial newspaper and business magazine ...
Suresh Sadagopan questions SEBI’s regulatory actions in his article. (HT: Srikanth Meenakshi) By focusing only on investor interests and making the business ...
So there was a lot of drama after the recent IRDA-SEBI fight, which went all the way to Finance Secretary Ashok Chawla, and the FM Pranab Mukherjee announced ...
On Friday, SEBI issued an order banning 14 companies from issuing any more ULIPs, with immediate effect. SEBI full time member Prashant Saran said in the order ...
I’m going back to a theme I have not posted on for a while now: ULIPs. Unit Linked Insurance Plans, I have always maintained, are hideous. Not only do ...
The incentives provided to Mutual fund and Insurance agents are all warped, and actually hurt the industry more than anything else. Agents get a commission ...
A. Sanjeev writes at rediff that Term plans are not as good as ULIPs and goes on to demonstrate using calculations and formulas. Unfortunately, Sanjeev ...
