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IRDA makes ULIPs more attractive to

by Jerry Jose CEO
ULIP is a monetary product which can provide you life insurance and also at the same time investments options like a mutual fund. Some of the amount paid as premium would be accounted for the amount p
Recommended Features
  • Extended Lock in Period
  • Controlled the expenses charged by the Scheme
  • High Surrender Value
  • Minimum 4.5% guaranteed return of pension fund
  • Can pledge to bank as collateral security to take loan
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It has been made mandatory for all ULIP s to provide at least mortality cover or health cover except for pension and annuity products

With the above mentioned guidelines the IRDA makes ULIPs more investor friendly and hope that this will make happy the investors and will get more from the scheme.

Related to IRDA makes ULIPs more attractive to

IRDA-SEBI ULIP row beneficial for investors: Experts
insurance, IRDA, Mutual, Fund, SEBI, ulips, NDTV, Profit, India

Given the tiff between IRDA and SEBI on who regulates unit linked insurance plans or ULIPs, experts feel commission structure for insurance products is bound to come down in line with mutual funds.

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About Jerry Jose Senior     CEO

226 connections, 1 recommendations, 600 honor points.
Joined APSense since, May 13th, 2010, From NEW DELHI, India.

Created on Sep 30th 2010 10:27. Viewed 1,230 times.

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