KOLKATA/MUMBAI: Despite the phenomenal surge in the Sensex in recent times, sale of single-premium life insurance products, including unit-linked policies (Ulips), has dipped to abysmally low levels.
This has pulled down the overall first premium income (FPI) growth numbers for the entire industry which recorded a tiny 12% growth during the first half of 2007-08 against a phenomenal 162% jump in the first six months of 2006-07.
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Friday, November 2, 2007
Sale of single-premium policies takes a hit
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