Insurance companies and their incentivised agents push unit-linked plans through high-octane marketing. Avoid them.

Unit-linked plans (ULIPs) have been dominating our collective conscience when we think about insurance plans. This is because of the hard-sell tactics of insurance companies which offer huge commissions to their agents. However, traditional plans have been around for much...

Unit-linked Insurance Plans come in many varieties, like tulips, but could turn out to be weapons of mass wealth destruction. Debashis Basu and Shailendra Lotlikar expose the truth behind ULIPs

Mutual funds (MFs) aim to generate only returns, whereas a unit-linked insurance product (ULIP) offers insurance plus investment returns. What an attractive idea! Investors are putting thousands...

Will you continue to pay for a crime that you have not committed, asks Pankaj Kapoor

Reports published by the Australian Institute of Criminology say that 10% of the claims paid by Australian insurance companies are fraudulent and
they add about A$70 to the premium of each Australian policy. In the UK, about £1.50 billion is paid out on account of bogus and exaggerated claims. This adds...