The Financial Express: Aviva Life launches 9 Ulips
Date: 31-Dec-2009
Private sector insurer Aviva Life Insurance on Wednesday launched nine unit-linked plans. The products are in line with the recent Irda guidelines on cap on charges and come with enhanced features and higher internal rate of return (IRRs), Aviva said in a statement. These Ulips are available with 14 new fund options covering savings, retirement, protection and investment needs of all customers, it said. Besides, the company has also introduced thematic funds-infrastructure fund and PSU Fund across select products. Aviva India CEO TR Ramachandran said the new products are another positive step towards making Ulips even more transparent and favourable for customers.