What are Index-linked Insurance Policies (ILIPs) ?

Index-linked Insurance Policies (ILIPs): A committee was set up by the Insurance Regulatory and Development Authority of India (IRDAI) on the request of some insurers. The committee has recommended introducing index-linked insurance policies (ILIPs). Index-linked insurance policies (ILIPs): The returns coming from the ILIPs will be linked to benchmark indices. ILIPs are the Insurance products […]