Sentences with phrase «ulip plans sold»
Let us take a look at the different types of ULIP plans sold by the company and their features and benefits in details.
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Below are the types of ULIP Plans sold by the company and their features and benefits
Not exact matches
Though Bharti Axa has a strong portfolio of ULIP products, however, he is very assured to increase selling of traditional plans through mixed channels.
Summarizing his views on the focus for selling traditional products, the belief is that for certain customers Ulip is good while for others traditional plans may work better without getting into a debate on whether Ulip is good.
November 26, 2015: Mr. Sandeep Ghosh MD & CEO of Bharti AXA life insurance feels very confident about the growth in selling of traditional plans over the most happening ULIP plans in the market.
The reputation of unit - linked insurance plans (Ulips) has been sullied by their high charges, appallingly high commissions to agents and mis - selling by them.
ULIPs — a common insurance plan sold by life insurers, where the money collected from consumers is invested into equity and debt markets — have become a bone of contention between the two financial regulators, with both claiming regulatory authority over the scheme.
However, with the great incentives of the past gone, insurance agents stopped promoting ULIPs and shifted to selling traditional insurance plans as the latter offered better commissions.
He further added, «Due to our popular customer demand we are compelled to launch ULIPs online, and will be selling exclusively to customers who have previously purchased term plans from us.
Selling of ULIP plans does no... read more
Selling of ULIP plans does not satisfy Read More
Under this new plan, the Life Insurance Company of India will no longer sell its existing range of insurance and money back products and will rather introduce plans backed by a ULIP plan or a refurbished plan with improved benefits.
Selling of ULIP plans does not satisfy the insurers.
In many cases only endowment policies, ulip plans, money back policies and single premium payment plans are having some high commission structure and almost every agent is trying to sell those polices only to make money.
If term plans can be sold online, why not other policies such as Ulips and pension products?
Most life insurers offer pure term insurance plans online and a few of them sell unit - linked insurance plans (ULIPs) online as well.