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A comparative study of traditional products with new UIL products (MBA Finance)



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MBA Project ID: 171
MBA Project Name: A comparative study of traditional products with new UIL products (MBA Finance)
MBA Category: MBA Finance
Project Abstract:
 
Life is a roller coaster ride and is full of twists and turns. You cannot take anything for granted in life. Insurance policies are a safeguard against the uncertainties of life. Insurance is system by which the losses suffered by a few are spread over many, exposed to similar risks. Insurance is a protection against financial loss arising on the happening of an unexpected event. Insurance policy helps in not only mitigating risks but also provides a financial cushion against adverse financial burdens suffered. Insurance policies cover the risk of life as well as other assets and valuables such as home, automobiles, jewelry etc. On the basis of the risk they cover, insurance policies can be classified into two categories. The last few years have been a watershed for assured return plans. As the insurance sector has developed, there's been a growing acceptance by most policyholders that the assured return era is a thing of the past. The private insurance companies are focusing on the Market Linked Plans. This study undertaken for ICICI Prudential Life Insurance Company Ltd aims to analyse the risk which involved in traditional insurance plan and to analyse the performance of their products.
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