Whether IRDA implemented the new ULIP changes for Insurers?



I would like to know; whether IRDA has mandated the new ULIP changes for insurers wef 01.01.2010?
Which means all insurance companies has to follow the changes from 01st Jan 2010; kindly advice me on this regard.

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4 Replies to “Whether IRDA implemented the new ULIP changes for Insurers?”

  1. Yes you are right IRDA has mandated the ULIP changes for insurers. The change has been done till 31Dec 2009. All the insurer changed their FMC charges, because to increase the IRR.


  2. My opinin is ulip term is not term for 5 years pay and login but it is contionsly payable like traditional plan.


  3. yes, IRDA has mandated the new ULIP changes so all the INSURERS HAS TO FOLLOW THE NEW GUIDELINES LIKE — in insurance illustrations THE I.R.R OF THE INVESTMENTS WILL NOT FALL BELOW 7.5%.. and many other changes will also apply.


  4. Yes. It is true. but it is effective from 01-01-2010. but old policy will not impact on this. this is applicable only those who are investing after 01-01-2010. for details : 9739946307 [email protected]





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