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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
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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

first published: Apr 25, 2011 06:46 pm

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