Page 2 - Ulips
Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget
Amfi has reiterated its long-standing demand of bringing parity in tax treatment between MFs and unit-linked insurance plans (ULIPs), both of which are investment products and invest in securities
 "Tax parity with ULIPs tops Afmi's wish list ahead of Union Budget")
Insurance firms see surrenders decline in Q1, brace for trend to change
Companies look to hedge against policy surrenders by providing short-term loans as succour in pandemic
 "Insurance firms see surrenders decline in Q1, brace for trend to change")
Insurance business insecure and uncertain as Covid-19 damage claims mount
Insurance companies around the world were sailing smoothly until late February, when markets realised Covid-19's impact. Now, is insurance secured to survive? Joydeep Ghosh explains
 "Insurance business insecure and uncertain as Covid-19 damage claims mount")
Covid-19 crisis: Life insurers look to hedge against policy surrenders
As a remedy, life insurers are looking to provide short-term credit - known as bridge loans - to policyholders.
 "Covid-19 crisis: Life insurers look to hedge against policy surrenders")
Utilise extended deadline to make the right tax-saving investment choices
Avoid errors like investing beyond the permissible limit
 "Utilise extended deadline to make the right tax-saving investment choices")
With lower sum assured, Ulips emerge as attractive option with high returns
Recently, the Insurance Regulatory and Development Authority of India (IRDAI) allowed those under the age of 45 years to also buy Ulips with a lower sum assured
 "With lower sum assured, Ulips emerge as attractive option with high returns")
Whole life Ulips: Low cost, life cover, tax-free withdrawals key benefits
They are complicated products. Read the fine print carefully before making a decision
 "Whole life Ulips: Low cost, life cover, tax-free withdrawals key benefits")
Looking to invest? Lower charges mean higher returns in online Ulips
Insurers have waived several charges for an attractive online product, making them a low-cost investment option
 "Looking to invest? Lower charges mean higher returns in online Ulips")
Legacy plan: Whole-life Ulips can be used to bequeath funds outside of Will
In a whole-life Ulip, the sum assured can also be higher than regular Ulips, where it is 10 times the annual premium
 "Legacy plan: Whole-life Ulips can be used to bequeath funds outside of Will")
It's switch time for Ulip holders
If you have bought the policy now, stay for the entire period. If the policy is close to maturing, shift to debt option
 "It's switch time for Ulip holders")
Mandatory Ulip fund investment proposal may be dropped
Proposal to make it mandatory for life insurers to invest at least 25% of Ulip funds in G-Secs may be dropped
 "Mandatory Ulip fund investment proposal may be dropped")
New Ulips still not ideal investment tools
They suffer from the problem of mixing investment with insurance; also, lesser choices compared to MFs
 "New Ulips still not ideal investment tools")
Is capital protection in Ulip good enough?
Keep in mind mortality and premium allocation charges. Life cover limited to 10 times the annual premium
 "Is capital protection in Ulip good enough?")
