I have heard a lot from people that they want to surrender their ULIP policy. How do you decide if you should surrender your policy or not? Here is list of reasons because of which you could be considering surrendering the policy.
1) My policy is not giving good returns.
Generally insurance policies have high premium allocation [...]
Entries Tagged as 'unit linked insurance plan'
Should I surrender my ULIP policy?
June 10th, 2010 No Comments
Tags: insurance · NAV · surrender charges · ULIP · unit linked insurance plan
ICICI Pru Ace - the best ULIP plan to invest in
April 15th, 2010 2 Comments
If you are planning to invest in ULIP, at this date ICICI Prudential Ace seems to be the best plan to invest in. You will not see a lot of advertisements of this plan. I guess this would be because this plan will not need a lot of marketing.
Salient features of the scheme:
100% premium allocation [...]
Tags: ICICI · insurance · ULIP · unit linked insurance plan
Highest NAV ULIP plans: What you should know
March 29th, 2010 No Comments
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 life [...]
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 the [...]
Tags: pitfalls · ULIP · unit linked insurance plan