Financial Sector Reforms

Endowment with Waiver of Premium (WOP) is not a mere product innovation. Had it been so, we could have relegated it to the product design departments of the insurance companies. Why it needs to be a part of the reform of the retail…

ULIP is not the only sore spot in the insurance space; in fact it is not even the most damaging; the Traditional Endowment is worse. My arguments for taking that strong position are basically two : (a) Traditional Endowment is not…