Monday, September 29, 2008

Life Insurance Sector Achievements and Growth Prospects

•Over 80% of life insurance business garnered from ULIPs (March 31, 2008)*
•Addresses balance between savings and protection needs
•Meets specific financial goals through long-term and disciplined investment
•Transparency of ULIPs provides a clear view of value generated from the policy
•Built-in flexibility allows the policyholder to choose and change asset allocation in line with the risk appetite and adapting to changing life circumstances.
•The overall charges taper over the longer term