From being reviled due to their inflated cost structure and misselling, unit-linked insurance policies (Ulips) are now being promoted as low-cost vehicles for those looking to invest in market-linked products.
Bajaj Allianz Life, Edelweiss Tokio Life, HDFC Life, ICICI Prudential Life and Canara HSBC OBC Life now offer online Ulips that return mortality charges at maturity. Almost all online Ulips have eliminated premium allocation charges as well. But are these reasons enough for you to ..