Future secure, present unsure ...

Short term profitability at the cost of long and medium term instability is inversely proportional to both consumer and employee interest, that we all know. There is also no need to rev up the insurance industry right now when there is need to reduce exposure of customers of ULIP schemes to market instabilities. Has there been not enough onslaught in the name of fictitious speculation ...?


References:

IRDA eases solvency margins for Ulips

IRDA cuts solvency margin for ULIPs by 20%

ULIPs likely to be cheaper by 10-15 pc