Why ULIP is not the best insurance product

ULIP in my view is the best way the Insurance industry and banks have found in to rake in huge mullah.
Many many many have fallen prey to this "scam".
Read here to know more.


What your insurance adviser won’t tell you??

<> Re: Why Insurance is not Investment - Show this to

<> Re: What we need-Insurance OR Investment..???

<> Re: Two Simple Steps to Have Your Insurance and ...

<> Re: Service by Insurance Agents

<> 12 insurance plans: A comparative study

Cheapest Term Insurance Links

Life Insurance scenario

Insurers rattled by new ULIP definition



and Finally an article from Rediff
http://www.rediff.com/getahead/2007/mar/23ulip.htm


Summary in brief
Shun ULIP despite the glossy sales template and presentation. (its mad & raw cheating)
Buy Term plan and Put rest in low cost MF or Index fund.
You will save more and your money will grow much more.