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By G Murlidhar Sep 06 2011,

Over a decade ago, when private life insurance companies introduced unit-linked insurance plans (Ulips), nobody could have really anticipated how popular they would become in the years to come. In a sense, they were almost a considered afterthought, offering a new investment choice in insurance to a niche which had a higher risk appetite.

In FY11, of the Rs 125,458 crore total premium income, Ulips alone accounted for a significant Rs 52,944 crore. Their attractiveness to investors can be understood better when viewed through the prisms of their relatively lower costs, better returns potential arising from their market linkage, greater flexibility compared with other savings products, transparency and unmatched proposition as a long-term savings tool.

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Foreign insurers may continue to be prevented from hiking stakes in their Indian joint ventures beyond 26%, with the parliamentary standing committee on finance poised to oppose the move to hike the limit to 49%. Raising the ceiling on foreign direct investment (FDI) would have helped the insurance JVs to raise capital and expand.

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Reliance life Insurance is going to launch on of the best Guaranteed Return plan names as Reliance life Guaranteed Money Back plan.

This plan is going to be launched on 19th September ,2011 with full bang. If you want to subscribe to get this plan….Contact : Reliance 9312408068

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