What is the differrences between Life insurance, General
insurance, ULIP & Mutual funds?
Answer Posted / pawan rai
Would like to add on to the MF and ULIP part.
MF:
MF compaies pool in money from Investors (people like you
and me and sometimes even insitutional inverstors) and
invest this sum of money in Debt/Equity/Commodity etc
markets. Depending on how well the markets are doing the NAV
fluctuates.
ULIPS:
An ULIP is an instrument which combines the security
provided by an (LIFE) insurance plan with the opportunities
provided by an investment plan. It is a unique product which
aims to integrate insurance as well as investment
requirements. Its structure is similar to that of a mutual
fund. This is how it works:
* You pay a periodic premium to the insurance company.
* A part of the premium is used to provide you with an
insurance cover.
* The remaining amount goes to equity or debt market
* In the event of death, nominees are paid the sum assured
* In case of maturity of the policy total value of the
fund will be paid to the policy holder.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
One of our Sundry Debtor paid the Bill amount to our sundry creditor. What is the accounting principle. Which is the use Voucher in TALLY?
send me mba placement papers in companies
Under Operations, What are the principles of Control & Management?
what are the necessary qualities for the successful personnel manager
How important is experience for EM managers?
why is personnel management is considered as one important aspect of present day management? give 5 reasons or factors.
HCL,TATA,BIRLA,ACER,SONY,SAMSUNG,HEROHONDA,TVS What have you done to prepare yourself to be a supervisor? let me know whether absenteeism(%age) should be calculated
on Hours available or on Labour Hour Rate while calculating
LHR examine the role of money,as a significant motivator,in the
present inflationary conditions. Which is the best institute in hyderabad to learn CS? What are some opportunities for entertainment managers in
the field of Sport Management?
Dear Sir,
Please what is the HR introductions of the belows:
- Skills training
- Performance measures
- Vacation leave administration:
- Retirement plans:
- Employee handbooks:
- Company publications:
- Labor low compliance:
- Relocation and outplacement service.
- Policy creation:
- Policy communication:
- Record keeping
- Policies to ensure lawful behavior:
- Reporting:
- Posting information safety inspections:
- Accessibility accommodation
- Human resource planning and forecasting change
management. What is the market like for EM majors?
In case of any eventuality, who is your next of kin?