What does UL stand for?

7 -- Max New York Life Insurance Company Limited, one of the India's leading life insurance companies in the private sector, today launched the 'Max New York Life Smart Xpress', a flexible Unit Linked Insurance Plan (ULIP) which offers secure returns even during market volatility.

The new scheme offers a wide range of benefits including hospital cash benefit (HCB) and major surgical benefit (MSB) along with a unit linked health insurance plan (ULIP)?

ltd has launched the "Max New York Life Unit Builder" T, a flexible Unit Linked Insurance Plan (ULIP) which offers secure returns even during market volatility.

From building societies who offered higher returns without risk, and from the unit linked industry who allowed investors to spread risk in stockmarkets but without guarantees.

All money is invested in a unit linked fund in the balanced managed fund sector.

The unit linked plans are designed to allow the plan holder to access name-brand investment products in stable currencies and to build up assets on a tax deferred basis.

This FULL report contains detailed analysis of all relevant aspects of the company's long-term business operations, together with a comprehensive set of AKG ratings: * Overall Financial Strength Ratings * Non Profit Financial Strength Ratings * Unit Linked Financial Strength Ratings * With Profits Financial Strength Ratings * Supporting Ratings * Image and Strategy * Service * Annual Review Executive Summary In the UK, financial advisers are required to consider the financial strength of organisations with whom they deal.

This FULL report contains detailed analysis of all relevant aspects of the company's long-term business operations, together with a comprehensive set of ratings: * Overall Financial Strength Ratings * Non Profit Financial Strength Ratings * Unit Linked Financial Strength Ratings * With Profits Financial Strength Ratings * Supporting Ratings * Image and Strategy * Service * Annual Review The author's qualitative approach to insurer assessment helps generate its insightful analysis of key business areas.