Sentences with phrase «on ulip»

Hi Sreekant, Hope you are doing good, I am surprised you wrote an article on ULIP where as if you compare Mutual Fund against ULIP, Mutual Funds always gives a better return.

The various charges on a Ulip include:

In case of your untimely demise, your dependants will be provided with the insurance cover and / or the fund value, whichever is higher., depending on the ULIP type.

The returns that one receives on ULIP are primarily influenced by the stock market.

Now that you know how to calculate the payout on a ULIP, you can make an informed decision before buying one.

However, this move by IRDA will dampen the spirits of both private sector insurance firms and investors who had betted heavily on ULIP for their future planning.

Withdrawal In ULIP: you can withdraw your money if you need it once you had paid initial premium i.e for first 3 years, there is no surrender amount on ULIP and you will get the market value of your investment but on the endowment plan you have to pay a high surrender charges to company which restrict the customers from withdrawing money.

Note that you only get a tax deduction on your ULIP contribution if the sum assured (life cover) is at least 10 times the annual premium.

For more information on our ULIP plans click here.

If no investigation is needed on the ULIP contracts, the value is paid to the client within the time frame of 48 hours.

Out of the premium paid on the ULIP policy, a portion is used for providing a life insurance cover and the balance is used for investing in equity and debt instruments.

Subscribe to knowledge capsules blog for more details on ULIP policy with Bajaj Allianz Life.

Again, the good news is you can avail of tax benefits under Section 80C on your ULIP premiums.

Subscribe to knowledge capsules blog for more details on ULIP investments with Bajaj Allianz Life.

Subscribe to knowledge capsules blog for more details on ULIP investments with Bajaj Allianz Life Insurance.

IRDA has already taken some measures like imposing a cap on ULIP charges, extending the minimum term of the policy to five years, introducing the concept of compulsory annuitisation in pension policies and fixing the maximum limit of surrender charges.

How are the returns on your ULIP plan?

I thought they gave me sufficient answers as I was willing to stay invested for atleast 15 yrs my current age is 31 Also want to ask should we depend on there fund manager or try ourself also as am new to all this & also can't follow market as m busy with my work currently I paid 2 lac premium in future Generalli dhan vridhi ulip Can u plz guide me as m not able to get expertise info on this ulip

Hi Vipul, on maturity of ulip for Type 2 option on a ulip do you get funds value + sum assured or is it only in case of death of policy holder.

IRDA has also put cap on surrender charges levied on ULIPs.

Such rationalisation of ULIPs commissions could also help narrow the gap between it and mutual funds, he said responding to queries over how a compromise could be reached between insurance regulator IRDA and capital market watchdog SEBI on the ULIPs issue.

LIC reported 16 % growth in individual APE on the back of 40 % growth in individual non-single ticket size, likely due to its focus on ULIPs.

The potential returns on ULIPs are lower since the ULIPs fall is a member of low risk products unlike a mutual fund product.

To make your life easy and get a clearer picture on the options available, let's see a ready reckoner on ULIPs, Traditional Plans and Mutual Funds!!

The NAV is the value upon which net rates of return on ULIPs are determined.

One of such initiative was introduced in September 2010, where the commission on ULIPs was drastically reduced, making them a good investment option.

IRDA has also put cap on surrender charges levied on ULIPs.

The 18 % GST on ULIPs will be applicable only on the premium amount that is paid towards securing life coverage.

The reason is that a number of charges on ULIPs (policy administration, premium allocation) are a percentage of the premium.

Consequently, the internal rate of return (IRR) on ULIPs must not be lower than 7.75 % yield.

In an email interview Bismillah Chowdhary, Chief Investment Officer, Edelweiss Tokio Life Insurance shares his views on ULIPs as a long - term investment solution and his investment philosophy

Irda had come up with new guidelines on Ulips.

For wealth creation and getting a life cover, you can rely on ULIPs to grow your money sustainably.

«The service tax on Ulips has been brought to the same level as the mutual fund industry.

It has a strong product portfolio base on ULIPS.

This is the first Ulip scheme launched by Reliance Life after the insurance regulator Insurance Regulatory and Development Authority came out with its revised guidelines on Ulips a few months ago.

Not exact matches

(You may read my article on — «Banks as insurance agents / brokers «-RRB- HDFC Life Pro-Growth Plus is an ULIP (Unit Linked Insurance Plan).

What would be your take on this situation — will it be wise to discontinue the ULIP and focus on MF and SIPs?

I have a situation related to a fresh ULIP plan started February this year, and I need your opinion on this.

It seems 10 % LTCG on equity shares and Mutual funds investments has resulted in bringing ULIPs on par with Mutual Funds.

ULIP on Dec - 2006 — 11K annually.

Dear Prashant, Its my pleasure to clarify your queries Expenses are built - in ULIPs, whereas MFs do not have any expenses (Entry loads on equity MFs).

But I am confused between 25k in LIC and 25k in ELSS / ULIP split as I do not have any idea on the second option.

Extra top - up contributions are also allowed in ULIPs; whoever such additional payments are considered as single premium contributions and mortality fees are levied on such payments.

Insurance companies have quickly made use of this opportunity and started emphasizing the fact that a new tax of 10 percent will be levied on equity and balanced funds on gains made, while there will be no tax on income accrued from investments in ULIPs.

I am still unable to decide on what to do with a ULIP policy I purchased in 2007.

If MF company is charging on the entire corpus (and not on the fund investment of given period) and if insurance company is not charging like that... then don't you think that ULIP would be a better choice.

Dear Saurabh, You need to check out the expense ratio of funds Vs total charges levied by an ULIP scheme (premium allocation charges, fund management charges, admin charges etc.,) Also, mutual funds have more liquidity, options to select, more transparent... So, on any given day, I prefer to invest in mutual funds to ULIPs.

Most of the discussion so far has been on NULIPs in contrast to older ULIPs.

But do an «opportunity cost» analysis, means if you surrender the units of both policies and invest in Equity oriented mutual funds for long term (depends on your financial goals), analyze if you can get decent returns over & above the expected returns from ULIP funds.