Insurance Companies No More prefer the Word ‘ULIP’

Insurance Companies No More Prefer the Word ‘ULIP’

The word ‘ULIP’ has become so much negatively famous that now the Insurance companies don’t prefer this word. Recently I have reviewed one ULIP plan from Kotak but they have nowhere mentioned anywhere that its the ULIP Plan.Here is the Review

Kotak Capital Multiplier Plan Review

The above plan is marketed by Kotak Life insurance as an investment plan but in reality its just a type of ULIP. And they have nowhere mentioned that its the ULIP.

In fact, many insurance companies are now prefer not to use the word ‘ULIP’ for their new insurance cum investment product. This shows that the Indian people are now becoming more and more financially literate day by day.

In fact, today it is very difficult to cheat the financially aware people of India by the Insurance agents.

And this is really a good thing.