IndiaInsurance
2nd October 2010, 05:54 AM
After the new norms on unit-linked insurance plans (Ulips) came into effect last month, the product has turned into a long-term vehicle for life cover and investment and will now be attractive to long-term investors, says V Philip, chief operating officer, Bajaj Allianz. In an interview with FE s Saikat Neogi, he says the increased lock-in period will, in a way, reduce mis-selling since investors will seek more protection and investments for longer periods. Excerpts: Now that new norms have been introduced, do you think customers will treat Ulips as another mutual fund product? What will happen to the existing customers ...
More... (http://in.biz.yahoo.com/101001/50/bawbvw.html)
More... (http://in.biz.yahoo.com/101001/50/bawbvw.html)