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The New Old Ulips

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Raj Pradhan | 17/12/2010 04:10 PM | 

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Are the new Ulips any better than the old ones? Or do they push you from the frying plan into the fire? Raj Pradhan busts some myths
 

 Sometime in 2007, this writer was approached by an insurance agent selling unit-linked insurance policies (ULIPs). The performance, benefits and customer service of the scheme seemed impressive. But my interest quickly waned on realising that the first-year premium allocation charge was a hefty 30%.
 
In 2008, another insurance agent of the same company was more upbeat about selling a ULIP as the company had come ...

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