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View Full Version : ULIPs have changed but premiums have risen with most plans



PolicyWala
10-01-2011, 05:41 PM
http://www.policywala.com/attachment.php?attachmentid=104&d=1294662431
Source - economictimes.com

CONFUSED
10-01-2011, 07:07 PM
They havn't checked the other terms and conditions. Still the old term plan is the best bet.

Expert
10-01-2011, 07:53 PM
The new guidelines stipulated the difference between the actual returns and returns after deducting the charges should not be higher than 4% at the end of fifth policy year. "The net reduction in yield for policies with a term less than or equal to 10 years shall not be more than 3% at maturity. For policies with a term above 10 years, the net reduction in yield at maturity shall not be more than 2.25%," As per Irda.