Variable insurance products to be sold only on non- unit linked platform THE INSURANCE Regulatory and Development Authority (IRDA) on Monday issued new guidelines to the chief executive officers (CEOs) of all life insurance companies saying universal life products will now be known as variable insurance products (VIP), which would be offered only on the non-unit linked platform and will not be permitted on unit linked platform.
What does VIP stand for?
VIP stands for Variable Insurance Products
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of VIP
We have 640 other meanings of VIP in our Acronym Attic
- Value in Performance
- Value in Purchasing (various organizations)
- Value Insurance Plan (MCI)
- Valued Impression per Pound
- VAM Intelligent Protection (Vincera)
- Vanilla Ice Posse (band)
- Vanity Is Perfection (online group)
- Vanpool Incentive Program
- Variable Incentive Pay
- Variable Information Processing
Samples in periodicals archive:
Available only through purchasing certain MassMutual products, the MML Managed Bond Fund is one of several long-term investment choices within many variable insurance products from MassMutual, including annuities and life insurance.
html) designed to address inappropriate practices discussed in Joint SEC/NASD Staff Report on Examination Findings Regarding Broker-Dealer Sales of Variable Insurance Products (www.
Variable insurance products and mutual funds are sold by prospectus.
Variable insurance products are hybrid investments that contain both securities and insurance features.
AIMS will develop and market both fixed and variable insurance products that provide an immediate lifetime income to those entering or near retirement.
Lutheran Brotherhood Variable Insurance Products Company Claims Paying Ability Rating at `AAA' CHICAGO, Jan.
Before investing in variable insurance products, investors should carefully consider the investment objectives, risks, charges and expenses of the policy and the underlying investment options.