Sentences with phrase «ulip plans sales»
In the previous fiscal year, income generated from ULIP plans sales witnessed a substantial growth, from Rs 36,000 crore to Rs 41,565 crore.
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The life insurance industry that was awash with sales of unit - linked insurance plans (Ulips) during the boom years of 2005 - 08, is now witnessing an unprecedented surge in unclaimed policies.
Top officials of various companies stated that an increased deduction limit of I - T with stock market arousal sustaining sales of ULIPs (unit linked insurance plans) could lead to cessation of the life insurance's diminishing penetration in 2014 - 15.
CEOs of life insurance companies are turning increasingly sceptical of the huge sales being racked up by unit - linked insurance plans (ULIPs).