Good news for ULIP seeker and seller….
Finance Minister Mr. Pranab Mukherjee has said that the long drawn battle over Ulips – unit-linked insurance plans will resolve soon.
He even said that “general insurance still needs to work harder” although life insurance industry has made decent progress in reaching the semi-urban and rural areas.
To quote him on Ulips, ”We will resolve this issue soon. I understand the IRDA has taken some very positive steps in respect of regulations of Ulips which are in the interest of both the insurance industry as also the policyholders”.
So it is a surety that this tussle over Ulips will make it a better product for all the ULIP seeker.
And we at www.bimadeals.com will make the process of obtaining an insurance policy smoother and hassle free. Because we believe that Insurance is “By choice and not by chance”.
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Tags: insurance policy, Life Insurance, ULIPS