How did the Afghan war affect Pakistan?
The rise of violent extremism and increase in terrorism in Pakistan due to instability in Afghanistan not only caused serious damage to Pakistan’s economy but has also been responsible for wide- spread human suffering due to indiscriminate attacks against the civilian population.
What is the cause of terrorism in Pakistan?
The results indicate that the most important causes of terrorism include lack of law enforcement, poverty, Pakistan’s participation in war on terror, foreign involvement, and unemployment. This research suggests a multifaceted but a more focused diagnostic into the complex causes of terrorism in Pakistan.
Can I surrender HDFC Life policy?
Surrender Policy Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest HDFC Life Insurance branch, along with the following documents: Original policy documents. Canceled cheque with the policyholder’s name on it.
What is Highest NAV Guarantee Fund?
The highest NAV fund guarantees a minimum of Rs 15 or highest NAV during the initial seven years of the fund or the NAV on the date of maturity (whichever is higher) to the policyholder. The free asset allocation strategy provides five investment options (funds) for policyholders.
Is a higher or lower NAV better?
Higher NAV generally suggests that the scheme has prospered well in the past or has been around for a long time. For instance, NFOs (New Fund Offers) are generally launched at Rs. 10 per unit.
Which ULIP is best in India?
Top Performing ULIPs
- Aditya Birla Sunlife Insurance.
- DHFL Pramerica Life Insurance.
- Reliance Nippon Life Insurance.
- SBI Life Insurance.
- Future Generali India Life Insurance.
- Max Life Insurance.
- IDBI Federal Life Insurance.
- Shriram Life Insurance.
How ulip NAV is calculated?
The formula used to calculate the NAV is as follows: NAV = (Value of Current Assets + Market Value of Investments Held) – (Value of Current Liabilities & Provisions) / Total number of outstanding units on dateLet’s try to understand this formula better with the help of an example.
What is ULIP and how it works?
A Unit Linked Insurance Plan (ULIP) is a unique investment instrument with the added protection of life insurance. Through systematic investments and market-linked returns, ULIPs allow you to create wealth for your long-term goals like your dream house, your child’s education, your retirement and more.
Is ULIP better than mutual fund?
Mutual funds offer the benefit of low costs and professional management. SEBI has capped the expense ratio on mutual funds to 1.05% while there is no such limit for ULIPs. The charges for ULIP schemes can go much higher than mutual funds.
What is the full form of ULIP?
ULIP full form is Unit Linked Insurance Plan, which is a multi-faceted life insurance product. A ULIP plan is a combination of life insurance and investment. ULIPs requires you (as a policyholder) to make regular premium payments, part of which is utilised to provide life insurance coverage.
Are ULIPs good?
ULIPs are best suited for individuals with a long term financial plan of wealth creation and insurance. Whether it is for retirement, children’s education or for other financial goals, a ULIP continued till maturity works as an advantage. It gives you the dual benefit of savings and protection, all in a single plan.
When was ulip introduced India?
ULIPs were first introduced in India by Unit Trust of India (UTI) in 1971.
Is ULIP guaranteed?
Unit Linked Insurance Plans (ULIPs) are long term investment products that do not provide guaranteed returns. And, just like some investment options, their returns are not guaranteed.
Can we withdraw ULIP?
ULIP withdrawals of any kind can only be made after the completion of the 5-year lock-in period. If you have made any top-ups to your ULIP and they have completed the 5-year lock-in period, they will be withdrawn first in case of a request from you.
Is ULIP risk free?
ULIP equity funds offer high returns with high risk and debt funds offer lower returns with lower risk. The typical charges associated with a ULIP include a premium allocation charge, policy administration charge, fund management fee, mortality charge, discontinued premium charge and switching charge.
Can I withdraw ulip after 5 years?
ULIP is a long-term investment game. You can exit from ULIP after 5 years; however, it is not advisable even after lock-in period ends.
When can we withdraw ULIP?
five years