ULIPs have changed but premiums have risen with most plans

http://www.policywala.com/attachment...4&d=1294662431
Source - economictimes.com

They havn't checked the other terms and conditions. Still the old term plan is the best bet.

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.