ULIPs will have to be sold as long-term protection
With the inter-regulatory spat over ULIPs being firmly settled in its favor, IRDA has announced sweeping new regulations with the objective of changing the very essence of how ULIPs were structured and sold.
October 12, 2011 / 17:18 IST
Harsh Roongta
With the inter-regulatory spat over ULIPs being firmly settled in its favor, IRDA has announced sweeping new regulations with the objective of changing the very essence of how ULIPs were structured and sold. The changes are both from the regulator side as well as the proposed changes in the DTC that will become effective from the year beginning on April 1, 2012. First let
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