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 [...]
Entries Tagged as 'unit linked insurance plan'
Kotak Smart Advantage Plan
June 23rd, 2009 33 Comments
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
SBI life – Smart ULIP
May 14th, 2009 5 Comments
SBI life – Smart ULIP is a investment cum insurance plan. Smart ULIP is a hybrid of premium guarantee and guaranteed return plan. We will see how it can be better or worse than both premium guarantee and guaranteed return plans. First let us take a look at some key features of the plan. This [...]
Tags: Highest Nav · insurance · Kotak Life Insurance · NAV · SBI · ULIP · unit linked insurance plan
Unit Linked Insurance Plan aka ULIP
April 10th, 2009 No Comments
Insurance plans are of three kinds: ULIP, Traditional and Term Plans. We will be discussing only ULIP plans in this article. ULIPs are conceptually same as Mutual Funds. But there are important differences that an investor needs to understand before deciding his investment plan. To know those differences click here. Unit Linked Insurance Plan, as [...]
Tags: Fund Value · insurance · Kotak Life Insurance · NAV · ULIP · unit linked insurance plan