By Una Galani
The author is a Reuters Breakingviews columnist. The opinions expressed are her own.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
Most ULIPs (unit-linked insurance plans) are far better compared to traditional insurance plans. They are more flexible, more transparent and have the potential to generate bigger returns. But insurance sales do not necessarily follow simple logic. There are a variety of reasons why traditional plans are likely to fare better.