“to Determine Customer Investment Preference with Regards to Ulips and Tlips”

ABSTRACT Around two decades back redress was meant only for risk of exposure obscureage notwithstanding in todays scenario correct insurance has become an investment option. Insurance today non only provides risk coverage and tax redemption but also a high return to the investors m adepty. The insurance merchandise have witnessed dynamic changes which includes presence of a fairly bulky number of insurers both life and non-life segment. Most of the private insurance companies have formed joint venture partnering well recognise foreign players across the globe. With many more joint ventures in the offing, the insurance industry in India today stands at a crossroads as competition intensifies and companies prepare survival strategies scenario. This paper has analyzed the most preferred investment option from the customers point of view and the benefits of ULIPS to the customers. This project was conducted at Bajaj Allianz sprightliness Insurance Ltd, Bangalore. INTRODUCTION Traditional Life Insurance Plans (TLIPs) is based on the concept of sharing. Each of the constitution holder contributes his contribution (premium) into the prevalent large fund is managed by the company on behalf of the policy holders.

[1] A Unit Link Insurance Policy (ULIP) is one in which the customer is provided with a life insurance cover and the premium paid is invested in either debt or truth products or a combination of the two. [2] LITERATURE REVIEW ARTICLE ON ULIPs AND TLIPs: This article is given by Fisher, who explains the benefits of ULIPs and why customer moldiness invest in . ULIPs v/s TLIPs 1. Potential for break off returns: Under IRDA guidelines, conventional plans have to invest at to the lowest degree 85% in debt instruments which results in low returns. On the early(a) hand, ULIPs invest in market linked instruments with varying debt and rectitude proportions and if you wish you can even choose 100% impartiality option. 2. Greater transparency: Unlike Lips, in a traditional life insurance policy youre not sure of how your money is... If you want to get a full essay, regulate it on our website: Orderessay

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