What is a ULIP (Unit Linked Insurance Plan)? – Punekar News

Pune, 27th June 2022: The abbreviation ULIP, also known as Unit Linked Insurance Plan is a product that combines investment and insurance. Policyholders can choose to pay their premiums every month or annually. In this plan, while one portion is used to provide life insurance coverage, the rest is invest. The investments in these plans …

Read more

Unit owner can be charged for insurance deductible

Q: I fell asleep in another room while filling the bathtub in my condominium unit. The water overflowed and damaged the drywall ceiling and walls in two units below my unit. The board is now telling me I am responsible for the association’s insurance deductible portion of the damage. If the association purchased insurance with …

Read more

New Northern Trust unit merges Crypto and TradFi teams

The boundaries between traditional and digital markets “will continue to blur over time,” says Justin Chapman, leader of the new unit. Algorand exec calls move by “a renowned financial institution” an important step for the blockchain industry Northern Trust has formed a digital assets and financial markets division, citing increased client interest in developing digital …

Read more