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TitleA Comparative Study of Ulip Plans of Reliance Life Insurance With Mutual Funds
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A comparative study of ulip plans of reliance life insurance with mutual funds —
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1. Projectsformba.blogspot.com SUMMER TRANING PROJECT A COMPARATIVE
STUDY OF ULIP PLANS OF RELIANCE LIFE INSURANCE WITH MUTUAL
FUNDS UNDERTAKEN AT RELIANCE LIFE INSURANCE COMPANY LTD
Submitted at partial fulfillment of the award of the Degree of BACHELOR OF
BUSINESS ADMINISTRATION (2008-2010) Submitted to: Submitted by: Prof. Asim
Sahore Xyz B.B.A – 5th Semester (xyz)Projectsformba.blogspot.com
2. Projectsformba.blogspot.com DECLARATION I, XYZ Enrollment No.-0xyz Class
BBA, 5TH semester (Morning) of TECNIA INSTITUTE OF ADVANCED STUDIES,
Delhi hereby declare that the Summer Training report entitled COMPARATIVE STUDY
OF ULIP PLANS OF RELIANCE LIFE INSURANCE WITH MUTUAL FUNDS is an
original work and the same has not been submitted to any other institute for the award of
any other degree. A seminar Presentation of the summer training report was made on and
the Suggestions as approved by the faculty were duly incorporated. Signature of
Researcher Countersigned Signature of Faculty GuideProjectsformba.blogspot.com
3. Projectsformba.blogspot.com ACKNOWLEDGEMENT First of all I would like to
thank the Management of Reliance Life Insurance Company Ltd. for giving me the
opportunity to do my two-month Project Training in their esteemed organization. I am
highly obliged to Mr.Nimit Verma (Business Development Manager) for granting me to
undertake my training at Connaught Place Branch(Zonal office). I express my Thanks to
all Sales and Operation Managers under whose able guidance and direction, I was able to
give shape to my training. Their constant review and excellent suggestions throughout the
project are highly commendable. My heartfelt Thanks go to all the executives who helped
me gain knowledge about the actual working and the processes involved in various
departments.Projectsformba.blogspot.com
4. Projectsformba.blogspot.com PREFACE The liberalization of the Indian insurance
sector has been the subject of much heated debate for some years. The policy makers
where in the catch 22 situation wherein for one they wanted competition, development
and growth of this insurance sector which is extremely essential for channeling the
investments in to the infrastructure sector. At the other end the policy makers had the
fears that the insurance premia, which are substantial, would seep out of the country; and
wanted to have a cautious approach of opening for foreign participation in the sector.As
one of the rare occurrences the entire debate was put on the back burner and the IRDA
saw the day of the light thanks to the maturing polity emerging consensus among factions
of different political parties. Though some changes and some restrictive clauses as
regards to the foreign participation were included the IRDA has opened the doors for the
private entry into insurance. Whether the insurer is old or new, private or public,
expanding the market will present multitude of challenges and opportunities. But the key
issues, possible trends, opportunities and challenges that insurance sector will have still
remains under the realms of the possibilities and speculation. What is the likely impact of
opening up India’s insurance sector? The large scale of operations, public sector
bureaucracies and cumbersome procedures hampers nationalized insurers. Therefore,
potential private entrants expect to score in the areas of customer service, speed and
flexibility. They point out that their entry will mean better products and choice for the
consumer. The critics counter that the benefit will be slim, because new players will

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