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ULIP launched by Max New York life insurance

Max New York Life Insurance has launched a new ULIP called 'Smart Assure'.

Apnainsurance.com Research Bureau

05 May 2008

Max New York Life Insurance has launched a new unit-linked insurance product (ULIP) called 'Smart Assure'. The product has the elasticity of choosing the allocation and also strikes risk-return equilibrium depending on the policy holder's age. The new fund has an option to choose the asset allocation as 100 per cent equities or 100 per cent bonds as per the market conditions.