The main changes are charges and agent commission is reduced on all ULIP policies. Also Policyholder can only surrender the policy after 5 years (not 3 years).
The main changes are charges and agent commission is reduced on all ULIP policies. Also Policyholder can only surrender the policy after 5 years (not 3 years).
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I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.
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