Have ULIP changes and reduction in number of agents started affecting revenue of Life Insurance Companies
Yes- it is affecting because many companies have shown downfall in first premium income of Life Insurance Company’s during April-Dec, 2010
Growth/ fall in first premium income of Life Insurance Company’s during April-Dec, 2010
Even those companies which are showing growth-may be having it because of single premium policies which are being sold.
We know single premium policy is not something which we can consider as normal long term insurance.
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