New ULIP norms to make products cheaper

  • 2:06
  • Published On: August 26, 2010
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Officials at life insurance companies are bracing for September 1, as it is on that day that new norms for unit linked insurance plans will kick in. These new norms will make the product cheaper and more beneficial for investors, but profits of life insurance companies will take a hit, at least in the short term.

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