ULIP

Who is selling your contact details to Insurance companies ?

May 19, 2010

Moneylife recently came out with a shocking news that Many financial institutions like Reliance, HDFC Life Insurance, SBI Life Insurance, Aviva Life insurance, Birla Sun Life Insurance are luring Agents and other advisers to share the contact and other details of clients . They can then use the contact details to advertise the potential products [...]

IRDA makes some changes in ULIP’s rules

May 7, 2010

IRDA recently made some changes in ULIP rules . These changes came into effect after the “Who will control ULIP” fight with SEBI . Have a look at the changes below . Life cover mandatory with ULIPs/Pension Plans, along with a minimum sum assured payable on death , effect from 1 July 2010. Loans will [...]

Commission based model on ULIP should continue

May 7, 2010

In the recent meeting with IRDA, Insurers have said that the commission based model on ULIP’s should continue and the industry cant function with a pure fee based model . Most of the ULIP’s are sold in rural and semi urban areas , out of 100 ULIP’s sold in India as much as 75-80 are [...]

Welcome

May 7, 2010

This is first post of Jagoinvestor News , we are going to write more and more about news and regular updates on this news blog . All the posts will be short posts just to update you about regular happenings . Thats all .