Buy Insurance Online | Car Insurance | Life Insurance | Health Insurance | Car Insurance | Medical Insurance

Unit-linked pension products, which became unviable for life insurers following the Insurance Regulatory and Development Authority’s (Irda) guidelines in September last year, are slowly making a comeback into the market.
The products, which constituted about 30 per cent of the new business premium of the life insurance market in India earlier, now constitute less than [...]

HDFC Life, the life insurance company, has launched a Unit Linked Insurance Plan (ULIP) known asProGrowth Flexi and this is with minimum monthly premium of Rs 2500.
Commenting on this new product, Amitabh Chaudhry, MD and CEO, HDFC Life, said, “The product offersseveral flexibilities to customers that can be chosen based on their needs and [...]

ING Life India, in its 10th year of operations,launched a new Unit Linked Insurance Product, which offers the flexibility to choose the life cover and maximize returns over the long term with a single contribution. The new ULIP, ING Prospering Life SP comes with a host of benefits, allowing customers to choose from 6 [...]

ULIPs (Unit Linked Insurance Plans)
In India, Unit Linked Insurance Policies (ULIPs) are insurance policies that combine risk coverage with investing in the stock/debt markets. In effect, they are designed to behave as normal insurance policies plus mutual funds.
An investor’s contribution to ULIPs gets invested in specific types of portfolios that he/she chooses. The policy [...]

An investor’s contribution to ULIPs gets invested in specific types of portfolios that he/she chooses. The policy typically pays back based on market returns on investments at the end of the insured period. Therefore, it forms an interesting savings instrument that can get good risk cover.
Features of ULIP :
1. Units allotted under ULIP schemes [...]