Of late, a lot of ULIP products have been offered with Highest NAV guarantee. ICICI Pinnacle, TATA AIG Invest assure apex, LIC wealth plus and SBI life smart ULIP fall in this category. Are all these plans really that good to invest in. Let us take a look at these plans. For information about SBI [...]
Entries Tagged as 'ULIP'
Highest NAV ULIP plans: What you should know
March 29th, 2010 No Comments
Tags: ICICI · insurance · LIC · NAV · TATA AIG · ULIP · unit linked insurance plan
ULIP! What your insurance agent wont tell you.
February 23rd, 2010 2 Comments
Please refer the product brochure before concluding the sale. You would have heard this many times in advertisements, but how many of us while investing in ULIP, do read the product brochure. Government has made it compulsory for the insurance companies to issue this statement. I think the government should find a way to force [...]
Tags: pitfalls · ULIP · unit linked insurance plan
Kotak Smart Advantage Plan
June 23rd, 2009 33 Comments
Kotak Smart Advantage plan is a ULIP plan from Kotak Life Insurance. This plan comes with up to 100%* premium allocation. It is important to notice the star (*). The 100% premium allocation is only from second year that too when the annual premium is over INR 36,000. Point to be noticed is that the [...]
Tags: Fund Value · insurance · Kotak Life Insurance · NAV · ULIP · unit linked insurance plan
ICICI Prudential InvestShield Life New
June 3rd, 2009 5 Comments
ICICI Prudential InvestShield Life new is a premium guarantee plan. What does it mean by premium guarantee? In ULIP plans a part of the premium is invested in either equity or debt market or both. This part of the premium along with the return it generates is called the fund value. Mortality charges and policy [...]
Tags: ICICI · insurance · premium guarantee · ULIP · unit linked insurance plan