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Topic: Unitised insurance fund


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In the News (Fri 17 Feb 12)

  
  Mutual fund - Wikipedia, the free encyclopedia
Load funds are sold through financial intermediaries such as brokers, financial planners, and other types of registered representatives who charge a commission for their services.
Most mutual funds' investment portfolios are continually adjusted under the supervision of a professional manager, who forecasts the future performance of investments appropriate for the fund and chooses the ones which he or she believes will most closely match the fund's stated investment objective.
In the United Kingdom the term "mutual fund" may be confusing due to the existence of building societies and mutual life companies which in law are owned by their members and which have no share holders to distribute profits to and consequently are referred to as "mutuals".
en.wikipedia.org /wiki/Mutual_fund   (3395 words)

  
 Encyclopedia article: Life assurance   (Site not responding. Last check: 2007-10-18)
Life Assurance (Life Insurance in US English (additional info and facts about US English)) is an undefined legal term which relates to policies (additional info and facts about policies) or contracts which contain an element that is contingent on human life.
However, whilst basic life assurance, permanent health insurance and non-pensions annuity business includes an amount of mortality or morbidity risk for the insurer, for pensions there is a longevity risk.
They pay out either in the event of the death of the policyholder or in the event of the maturity of the policy...but one or the other event will occur (is assured).
www.absoluteastronomy.com /encyclopedia/l/li/life_assurance.htm   (544 words)

  
 [No title]   (Site not responding. Last check: 2007-10-18)
Funds may be encapsulated into a fund engine whereby all parameters initially attached to a ledger entry are able to remain attached to the funds, even though the funds might be transferred across different investment options.
In cash funds, fund holdings are always represented as currency, whereas in unitised funds funds holdings are represented as units.
Unitised funds are further categorised as either price making or traded funds, where the unit price is discovered separately for each transaction, or price taking funds where the unit priced is determined by a fund manager and applies to all transactions over a nominated time period.
www.wipo.int /cgi-pct/guest/getbykey5?KEY=01/44993.010621&ELEMENT_SET=DECL   (6065 words)

  
 Basic Insurance Information
Level term life insurance is the most popular type of life insurance policy with consumers, and this may be because it is also the cheapest form of insurance.
Non-profit whole life insurance policies: This is the simplest form of whole life cover, and enables you to enjoy the convenience of level payments through the term of the policy until you die.
Unitised whole life insurance policy: When you purchase this type of whole life cover, you will also be investing in with-profit units.
www.basicinsurance.info   (959 words)

  
 Glossary of Terms   (Site not responding. Last check: 2007-10-18)
Insurance and reinsurance policies where the aggregate risk to the insurer or reinsurer is capped at a given ceiling.
Under EU insurance regulation, subordinated debt is not treated as a liability and counts towards the coverage of the required minimum margin of solvency, with limitations.
Insurance revenues and expenses are accounted for in the relevant technical account, the result of which flows into the non-technical account to calculate the profit for shareholders (or retained profit for a mutual).
www.prudential.co.uk /prudentialplc/investor_home/contacts_search/glossary   (9764 words)

  
 Insurance Terms   (Site not responding. Last check: 2007-10-18)
Such funds are used for individuals holding life assurance policies to invest in.
You can choose insurance that pays out on death a guaranteed sum only, the sum plus any bonuses that have been added, or the sum plus any additional value from the growth of the funds invested in.
Premiums are invested in the with profit fund, reversionary bonuses are applied usually on an annual basis which reflect the investment growth of the fund assets.
www.tommyholland.com /glossary.html   (1112 words)

  
 CMPO - Pension fund management   (Site not responding. Last check: 2007-10-18)
The pension fund trades in the units of the investment fund, where the value of the units reflects the value of the underlying assets.
The trustees may manage the fund themselves indirectly by delegating the task to one or more financial intermediaries (called segregated or self-insured fund management), who would typically design a tailor-made investment mandate agreed between the trustees and the financial institution.
Although on average fund managers do not outperform, in any sample there is a distribution to the performance, and more recently research has investigated whether the outperformers in the sample continue to outperform in the future.
www.bris.ac.uk /cmpo/research/pensions/pensionfund.htm   (1549 words)

  
 Insurance
Fund valuation will be completed at least once a week on the Valuation Date.
The Policy Fund Cash Value is at all times equal to the Policy Fund less all outstanding and surrender charges as per our administrative rules then in force.
Birla Sun Life Insurance reserves the right to defer the payment of any amount payable under the Surrender Benefit for a period not exceeding 31 days from the date we receive your request for payment.
www.easternfin.com /single.asp   (711 words)

  
 personalfn - Insurance
To safeguard your fund against any market fluctuations especially closer to vesting, the policy fund is transferred into the most conservative investment fund option of Nourish (if not already so), five years before the vesting date, unless you specifically instruct the company otherwise.
The policy fund is calculated as the number of units in the investment fund allotted to you multiplied by the NAV per unit of that investment fund.
In case of regular premium plan, the death benefit is the higher of the policy fund or the life insurance coverage face amount chosen.
www.personalfn.com /insurance/productarena/ulip/pension/birla.html   (995 words)

  
 personalfn - Insurance
The fund is designed to be cash secure and has a very low level of risk; however unit prices may occasionally go down due to the use of short-term money market instruments.
The Secure Managed fund invests 100% in Government Securities and Bonds issued by companies or other bodies with a high credit standing, however a small amount of working capital may be invested in cash to facilitate the day-to-day running of the fund.
The fund has a higher level of risk with the opportunity to earn higher returns in the long term from the higher proportion it invests in equities.
www.personalfn.com /insurance/productarena/endowmentplan.html   (1913 words)

  
 [No title]   (Site not responding. Last check: 2007-10-18)
The dividing line between mutual funds and unitised insurance products is quickly getting blurred, with the sales pitch of a section of insurance advisors and distributors underlining the fact that these schemes serve investors in the same way as MFs.
A number of unitised policies are currently being sold on the premise that these too come bundled with the features offered by funds - a trend that is expected to become stronger as more and more insurers come out with such schemes.
A client has the option of selecting between three pure funds (equity, income and liquid) based on his or her preference.
www.hinduonnet.com /thehindu/thscrip/print.pl?file=2004042500950200.htm&date=2004/04/25/&prd=bl&   (487 words)

  
 [No title]   (Site not responding. Last check: 2007-10-18)
The AMFI's contention is simple: A unitised plan offered by an insurance company is not a mutual fund though each has a net asset value associated with it.
One, insurance companies pay fat commissions to distributors at rates that are no match compared to the ones offered by fund houses.
However, what is particularly galling to the entire MF industry is the fact that a few insurance companies are positioning their unitised plans as products that offer both investment and indemnity.
www.hinduonnet.com /thehindu/thscrip/print.pl?file=2004081301751500.htm&date=2004/08/13/&prd=bl&   (464 words)

  
 getyourmoneyworking.com : STEPS - 10 & 11 March 2000
If a UK property is acquired by a non-resident, funded by a loan from an offshore bank which is secured on the property, then the Revenue may consider the loan to be located in the UK, because secured on property in the UK.
A more robust solution is the single premium insurance policy or portfolio bond, which achieves alienation because under the terms of the policy the premium, or rather the securities, into which the premium is invested, is owned by the insurance company.
The unitised insurance policy or portfolio bond which invests in collective offshore funds achieves double disconnection because the underlying investments in the bond are held in the offshore fund and the shares in the offshore fund are owned by the insurance company, rather than the individual who takes out the policy.
www.getyourmoneyworking.com /2001/JAN/17/Wealth_Management/Trusts_and_Custody/D010117155.html   (2339 words)

  
 AUTIF: Press Releases 1998
The unit holder is an insurance company but the funds invested or withdrawn are not connected with a unitised investment fund.
This might typically be connected with funds from life insurance company's own long term reserves or other internal non-unitised funds.
Most likely to come from self-administered pension funds run by private companies and local authorities or from registered charities.Does not include investment from unit-linked pension funds run by life insurance companies.
www.investmentfunds.org.uk /press/1998/stats/Stats0198-6.asp   (135 words)

  
 The Hindu Business Line : HDFC Standard Life to launch `unitised with profits' scheme
HDFC Standard Life Insurance Company proposes to introduce a `unitised with profits' policy, which is a sort of a combination of a unit-linked scheme and an endowment scheme.
A `unitised with profit' policy is an insurance contract structured in the same way as a mutual fund.
Premiums paid under a UWP contract are use to purchase units in the `WithProfits fund' (or, the policy holders' fund).
www.thehindubusinessline.com /businessline/2003/08/19/stories/2003081902320500.htm   (573 words)

  
 Life Insurance Directory   (Site not responding. Last check: 2007-10-18)
Insurance is a policy where you invest a certain amount, that you do not get back, that will pay you in the event of a predetermined event.
Renter's insurance will cover your belongings that are in the residence and most often cover damages to the house itself if there were a break in or similar claim to the home.
When you are able to successfully prove that your insurance company has breached a contract, you can recover damages for consequential losses, loss of use of the insurance proceeds, general damages, attorneys' fees, and, in cases of egregious and misconduct, punitive damages.
lifeinsurancedirectory.blogspot.com   (4439 words)

  
 Hibernian - Approved Retirement Fund   (Site not responding. Last check: 2007-10-18)
A flexible retirement bond with a choice of investment funds.
Can be set up as an Approved Retirement Fund or Approved Minimum Retirement Fund.
Regular income can be paid as a fixed amount or as a percentage of the fund.
hibernian.netsource.ie /hibernian/t_product18.asp?ID=18   (143 words)

  
 Middle East Open Encyclopedia: Mutual fund   (Site not responding. Last check: 2007-10-18)
This is an extract from The Middle East Open Encyclopedia, made possible through the Wikimedia Foundation.
Iraq Museum International always displays the most recent published revision of the source article, Mutual fund; all previous versions may be viewed here.
They link directly to authoring tools for you to start writing a particular article.
www.baghdadmuseum.org /ref/index.php?title=Mutual_fund   (3527 words)

  
 Market Wire News   (Site not responding. Last check: 2007-10-18)
This currently allows customers to withdraw GBP25,000, free of any MVR adjustment, in any 12-month period, assuming the money has been in the same with-profits fund for at least five years.
We took early action to protect policyholders' funds by switching out of equities ahead of the prolonged bear market and policyholders are now benefiting from the strong returns earned on Prudential's with-profits fund.
This committee assesses effectively and appropriately how the company balances the rights and interests of policyholders and shareholders in relation to its with-profits funds, and whether Prudential complies with its Principles and Practices of Financial Management.
www.marketwire.com /mw/release_printer_friendly?release_id=81373&category=   (374 words)

  
 endowments4u.com endowment insurance   (Site not responding. Last check: 2007-10-18)
Endowment Fund The prize money for a particular Class, or the cost of maintaining a Challenge Cup or Trophy (Insurance and Engraving) may be endowed for a period of twenty years by payment of a lump sum.
of insurance whether the benefit is, for example, to provide specific help to the deceased's family, or to repay a mortgage.
This market in With Profit endowments is based solely on the fact the insurance companies do not give value for money when a contract is surrendered.
www.endowments4u.com /show/cwmbran/endowment-insurance.html   (790 words)

  
 LIFE ASSURANCE FACTS AND INFORMATION
Life Assurance (Life Insurance in US_English) is an undefined legal term which relates to policies or contracts which contain an element that is contingent on human life.
For example, in the United_Kingdom there are life insurance policies that are with-profit (insured value increases as returns accrue on the underlying portfolios) endowment life insurance policies.
A policy holder insures his life for a specified term.
www.witwib.com /life_assurance   (581 words)

  
 Life Insurance, Life Insurance Quotes, Cheap life insurance, mortgage insurance
Term Life Insurance UK Although Burgesses Limited are authorised and regulated by the Financial Services Authority to advise on and arrange general insurance, including life insurance.
Family secure offer great deals on life insurance and life insurance quotes along with offering a superb life insurance resource.
Life Insurance information is available throught the site and you can even request quotes online.If you need to get Life Insurance Quotes Quote life insurance is an absolute must !
rhinolifeinsurance.com /FSCSCalls-for-More-Funds-to-Handle-Rising-Nu...   (272 words)

  
 Fund Valuations - Central London - banking /settlements/insurance jobs London
Fund Valuations - Central London - banking /settlements/insurance jobs London
The Valuations Team is responsible for preparing accurate daily fund / trust valuations, unitised pricing and valuation reviews.
Team Leaders oversee the Valuations Administrators, supervise workloads and distribute funds, reporting in the Valuations Managers.
www.gumtree.com /london/30/1802430.html   (225 words)

  
 Fund Valuations Administration - London - banking /settlements/insurance jobs London
Fund Valuations Administration - London - banking /settlements/insurance jobs London
A leading US based Investment Bank is seeking an Investment Valuations Administrator.
Preparation of accurate daily fund/trust valuations and unitised pricing
www.gumtree.com /london/32/2699232.html   (123 words)

  
 domain-B : Indian business : finance : insurance : index   (Site not responding. Last check: 2007-10-18)
Rs2,000 crore-national export insurance fund to be set up
Edelweiss Insurance mandated sole insurance broker for BSE 'brokers indemnity policy'
General insurance council to be activated in six months time
www.domain-b.com /finance/insurance   (837 words)

  
 Thin line between insurance and MFs - Sify.com
Thin line between insurance and MFs - Sify.com
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sify.com /finance/fullstory.php?id=13470493   (454 words)

  
 The Hindu Business Line : Thin dividing line between insurance and MF products
The Hindu Business Line : Thin dividing line between insurance and MF products
Financial Daily from THE HINDU group of publications
Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line
www.thehindubusinessline.com /bline/2004/04/25/stories/2004042500950200.htm   (545 words)

  
 Thin line between insurance and MFs - Sify.com
Sify Finance - Mutual Fund, NAV, Index fund, Equity fund, Balanced fund, Debt fund
Sify Home >> Finance >> Mutual Fund >> Fullstory
Get fundamental and technical analysis on Sensex, Nifty constituents.
sify.com /finance/mf/fullstory.php?id=13470493   (412 words)

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