Question
Which life insurance company has launched a new product,
T.U.L.I.P, a term with a unit-linked insurance plan that gives a life cover up to 100 times the annual premium while permitting customers to earn returns like a ULIP product?Solution
Kotak Mahindra Life Insurance has launched a new product, T.U.L.I.P, a term with a unit-linked insurance plan. The product is a plan that gives a life cover up to 100 times the annual premium while permitting customers to earn returns like a ULIP product.It offers loyalty additions of up to 30 per cent of the fund value as a part of the maturity benefits added by the company.
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