Ulips

Private life insurers reported stronger demand for ULIPs in Q3FY26 as equity markets gained sharply. Customers also shifted towards higher sum assured plans with protection-linked riders

LIC has entered a bancassurance partnership with Yes Bank, giving customers wider access to its life insurance plans as both institutions work toward the "Insurance for All by 2047" vision

Private sector life insurers, including SBI Life, ICICI Prudential Life, and HDFC Life, see a moderation in ULIP business growth in Q1 FY26

The benchmark Nifty50 index fell almost 17 per cent amid sell-off by foreign investors, weak corporate earnings and global uncertainties due to the US tariffs

The customer can also choose for OPD services by opting for Health Secure Rider

Big-ticket Unit Linked Insurance Plans (ULIPs) with annual premiums exceeding Rs 2.5 lakh will now be subject to long-term capital gains (LTCG) tax at a rate of 12.5%, effective from April 1, 2026.

Investors prioritising liquidity and flexibility should stick to a term plan-MF combo

Changes positive for industry, clarify experts; growing appeal of new tax regime may act as headwind for sector

Singh spoke about the major trends that dominated the insurance space in 2024 and the trends to look forward to in the new year

This forced insurers to introduce more cost-effective, customer-friendly products. "Manufacturers have eliminated the policy administration charge," says Rao

Non-life firms to post strong premium growth, benefit from low claims ratio

Insurance companies will have to specifically state that market-linked insurance plans are different from traditional endowment policies and carry risks

According to analysts at Motilal Oswal, VNB margins for all life insurance players declined from the previous year due to adverse product mix and pressure on non-par margins

The Unified Logistics Interface Platform (ULIP) offers huge opportunities for states to enhance their logistics frameworks, a top government official said on Monday. Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh encouraged all states to actively leverage ULIP and drive forward a seamless, efficient and inclusive logistics sector across India. The platform was launched on September 17, 2022, as part of the national logistics policy. It is a digital gateway that allows industry players to access logistics-related data sets from various government systems through API-based integration. Currently, the platform integrates with 37 systems from 10 ministries via 118 APIs, covering over 1,800 data fields. Private sector participation in the ULIP has been instrumental in amplifying its impact, with over 900 companies registered on its portal. Additionally, these companies have developed over 90 applications, leading to more than 35 crore API .

Offers unlimited free switches between asset classes without any cost and tax implications

The product is a unit linked insurance plan that gives policyholders the chance to invest in a diversified equity portfolio with a focus on small-cap companies

This week we explain the difference between a will and gift deed; next we analyse index funds of life insurers

To invest in a small-cap index fund of a life insurance company, a customer will need to invest in a ULIP

Most ULIPs show very high returns, which is the selling point. But they don't share that these returns are calculated without any charges.

Move aimed at ease of doing business, says IRDAI