Can any one tell me how to calculate ULIP charges after Ist Jan 2010, as far as I know IRDA has put a cap on the charges i.e. 3% charges for 10 year plans and 2.25 charges for 15 year plan. How to calculate these charges? These 3% charges means Allocation Charges, Fund Management Charges, Policy Administration Charges and Miscellaneous Charges. These charges will not include Mortality charges, Service Tax and Guarantee charge (if any). Plz tell me am I right?