Till the start of this year Unit Linked Plans (ULIPs) were the best selling Life insurance products.
But now when stock market has turned bearish, what will happen on this front is a big question?
Will people still invest in ULIPs?
With the negative returns , will insurance companies will be able to woo large investors?
In coming days people will buy conventional Life insurance plans rather than risky Unit linked insurance plans.
Comments
Mohit, Your point of view
Tue, 07/08/2008 - 00:00 — UpendraMohit,
Your point of view is also expressed in todays news papers where in Times of India had an article which said the same.
People are investing in Ulips even when stock markets are down.Insurance companies are optimistic in Ulip sales.
Better time to buy
Sun, 06/29/2008 - 22:10 — AnonymousBut isnt the low tide a better time to buy ULIPs- I would end up picking ups units at low NAV and if I have a medium term investment horizon- wont this lead to substantial returns- just because I would be riding the economic cycle?
I am not a man of finance- but would like to know if I am thinking on the right lines.
Cheers
Mohit