The latest issue of the magazine Outlook Money (Dated 16 December, 2009) is ULIP SPECIAL. It is truly worth reading if you are thinking about buying insurance. It is also useful for insurance professionals. This magazine has put the latest issues related to ULIP into clear perspective. The recent move of the government to reduce the allocation rate of ULIP drastically is going to impact the seller's earning potential, while giving relief to prospects who will now have to pay very low charges.
The Era of paying charges upto 100% of first premium is getting over now. The cap on charges, brought by government will make ULIP more worthy of investment and it's sale will leap exponentially.
Already ULIPS contribute nearly 80% of total sell of insurance products.
ApnaAdvisor recommend this magazine to those who want to know more about ULIP.
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