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Life Insurance - ULIPs
Insurance  is pooling of risks.   In a contract of insurance, the insurer undertakes, in consideration of a sum of money (premium), to make good the  loss suffered by the insured against a specified risks such as fire and any other similar contingency of compensate the insured on the happening of a specified event such as accident or death. The business of insurance is related to the protection of the economic values of assets.  Insurance   INSURE
Life Insurance Polices Digital Commerce Annuities Policy Whole Life  Policy Endowment  Policy Types of Life Insurance Policies .  Term Policy Term Policy and whole life insurance policies focus on risk-coverage Endowment policy and annuities insurance policies focus on investments ULIPs focus on both risk-coverage and the investments ULIP
What is ULIP ? A category of financial solutions that combine the  safety of insurance protection  with  wealth creation opportunities U: Unit L : Linked I  : Insurance P : Plan Premium for ULIP Investment as Unit Life Coverage
Why ULIP is so attractive?
Investment Option For Your Money FUND TYPE  ASSET MIX  POTENTIAL RISK /REWARD Maximiser Balancer Protector Equity& Related securities: Max 100% Debt, Money market & Cash: Max 25%  Debt. Money market & Cash: Min 60% Equity & Related securities: Max: 40% Debt Instruments, Money market & Cash: Max 100%  High Moderate Low
Associated Charges/Costs
What is NAV ? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Insurance Regulatory and Development Authority  (IRDA)         The insurance sector has opened up for private insurance companies with the enactment of IRDA Act, 1999. A large number of companies are competing under both life and general Insurance.  The FDI cap/equity in this sector is 26% and the proposals have to be cleared by Insurance Regulatory and Development Authority (IRDA.)
NEW GUIDELINES FOR ULIP BY IRDA as on 31.05.201 ,[object Object],[object Object],[object Object],[object Object],[object Object]
Key Players in the Insurance Industry
Best Selling ULIP PLANS
Investment Ulip Plans ,[object Object],Some of the Best Selling ULIP Investment Plans from Major Competitors are :
ICICI PRU PINNACLE SUPER
HDFC SL CREST
LIC ENDOWMENT PLUS
MAX NEW YORK FAST TRACK PLAN
 
Child Plans ,[object Object],[object Object],[object Object],[object Object],[object Object],Some of the Best Selling ULIP Child Plans from Major Competitors are :
ICICI PRU SmartKid Premier
HDFC SL YOUNGSTAR SUPER II
MAX NEW YORK SHIKSHA PLUS II
 
Retirement ULIP PLANS ,[object Object],[object Object],[object Object],[object Object],[object Object],Some of the Best Selling ULIP Investment Plans from Major Competitors are :
ICICI Pru LifeLink Pension SP
HDFC SL PENSION MAXIMUS
LIC PENSION PLUS
 
Conclusion
 

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Life insurance uli ps final

  • 2. Insurance is pooling of risks. In a contract of insurance, the insurer undertakes, in consideration of a sum of money (premium), to make good the loss suffered by the insured against a specified risks such as fire and any other similar contingency of compensate the insured on the happening of a specified event such as accident or death. The business of insurance is related to the protection of the economic values of assets. Insurance INSURE
  • 3. Life Insurance Polices Digital Commerce Annuities Policy Whole Life Policy Endowment Policy Types of Life Insurance Policies . Term Policy Term Policy and whole life insurance policies focus on risk-coverage Endowment policy and annuities insurance policies focus on investments ULIPs focus on both risk-coverage and the investments ULIP
  • 4. What is ULIP ? A category of financial solutions that combine the safety of insurance protection with wealth creation opportunities U: Unit L : Linked I : Insurance P : Plan Premium for ULIP Investment as Unit Life Coverage
  • 5. Why ULIP is so attractive?
  • 6. Investment Option For Your Money FUND TYPE ASSET MIX POTENTIAL RISK /REWARD Maximiser Balancer Protector Equity& Related securities: Max 100% Debt, Money market & Cash: Max 25% Debt. Money market & Cash: Min 60% Equity & Related securities: Max: 40% Debt Instruments, Money market & Cash: Max 100% High Moderate Low
  • 8.
  • 9.
  • 10.
  • 11. Key Players in the Insurance Industry
  • 13.
  • 17. MAX NEW YORK FAST TRACK PLAN
  • 18.  
  • 19.
  • 21. HDFC SL YOUNGSTAR SUPER II
  • 22. MAX NEW YORK SHIKSHA PLUS II
  • 23.  
  • 24.
  • 25. ICICI Pru LifeLink Pension SP
  • 26. HDFC SL PENSION MAXIMUS
  • 28.  
  • 30.  

Editor's Notes

  1. Digital disintermediation leads to cost savings for the supplier, the benefits of which can be passed on to the customer => Digital Price Discovery 48% of all payments by value in India are electronic, which will rise to 70% by 2015.In the case of consumer-to-business transactions, the share currently is 3%, which will rise to 15% by 2015. As per Mckinsey India Payments 2009, Mobile payments in India will rise at a CAGR of 51.1% to 1.1 billion USD by 2015 Source for data on growth of internet and mobile payments: Mckinsey India Payments, 2009 Source for data on Reduction in transaction costs due to digital infomediary: Santa Rosa University(USA) Chapter notes 2007 - www.santarosa.edu/~ssarkar/cs66sp07/ch4notes.htm