No limit on customer charges for traditional plans: Reports
The finance ministry wants the insurance regulator to close the expense gap between ULIPs and traditional policies. Read more
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In five years, life insurance will become a pull product
The insurance industry has seen a lot of changes over the past few years in terms of products, processes and even the way the industry interfaces with customers. In an interview with MoneyGuruIndia, Gaurav Rajput, Marketing Director of Aviva India Life Insurance, gives an insight into the way things are shaping up in the industry. Excerpt:-
Read moreFAQ’S on ULIP’s
Unit linked guidelines were notified by IRDA on 21st December 2005. The main intent of the guidelines was to ensure that they lead to greater transparency and understanding of these products among the insured, especially since the investment risk is borne by the policyholder. Read more