Insurance

Indian insurance companies clocked slower growth in ULIP - Unit Linked Insurance Policies in 2007-2008. An article in Hindu by Radhika Menon shows that the contribution of unit linked plans has fallen in terms of premium as well as policies for LIC and ICICI prudential. LIC's growth fell from 118 percent to 5.8 percent while ICICI prudential's growth fell from 99 to 58 percent.

Health insurance is a major issue that is on the minds of millions of people all over the world. This is in part to the skyrocketing costs of medical treatment and the decision of many companies to no longer offer the health insurance to their employees. So it is easy to see why so many people are worried about health insurance and the large amount of money that it usually costs to have with a regular job.

There are a lot of things that go on while one is in college and anyone who has been through it knows that all too well. The threat of illness seems to be intensified in these years as the average college student does not take good care of themselves in the areas of eating and so on. This is also coupled with the fact that college is a time when you are spending vast amounts of time in the company of large groups of people. This is a breeding ground for illness and viruses. This brings to light the importance of health insurance for the college student. Like all others, this is a very important aspect of the insurance world and should be very high on the priority list of the parents that are involved.