Recently, the Insurance Regulatory and Development Authority (IRDA), which is the insurance regulator, came up with a string of measures as far as ULIP products are concerned. Since then, there have been concerns about mis-selling in ULIP. The issue of the regulatory jurisdiction has been resolved. However, there are fresh concerns about the equity contribution of insurance companies, which seem altering after the new ULIP guidelines were out, reports CNBC-TV18
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