Wednesday 28 March 2012

DIFFERENCE BETWEEN THE ULIPS AND TRADITIONAL PLANS

PLANS ULIPS
· The premium on the excess risk coverage is reversed as desired by the policyholder.
· The return on investment can vary depending on market movement and the risk investment is borne entirely by the policy-holder.
· Withdrawals are allowed. the loss, NAV for loans are not permitted.
· There are no bonuses, except loyalty bonus in some cases.
· Amount of premium Th used for insurance coverage, other expenses and the purchase of   the units are unbundled and transparent.
· Benefits are variable.
· Loss is likely.
· Earnings likely depending on market movements.
traditional Plans
· All prizes will be pooled and invested in the insurer's discretion.
· There are two categories of benefits: secured and unsecured. for guaranteed. benefits, the insurer assumes the investment risk. But no - guaranteed benefit, such as bonds,depend on the evolution of the insurer.
· It pays, but is allowed at a loss. loans can be provided.
· To participate policies, premiums are paid.
· The amount of the premium used for insurance coverage, other charges and investment are bundled.up and is not known.
Advantages · The pre-determined.
Loss of the UN is likely.
· Get ​​more probable is expected through bonds.

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