October 26, 2011
As financial year ending is coming close, people are going to run after tax saving instruments? Life Insurance is one of the most widely used such tax saving instrument. Many of us wonder “What is Life Insurance?” The reason I am saying this is because many of us end up buying life insurance policy which we don’t understand. So just to give a broad idea about life insurance and how it works, we will ask ourselves.
September 7, 2010
Things have changed; wind is blowing in an entire new direction. After a huge disagreement between SEBI and IRDA over the regulation of ULIPs, IRDA came up with new guidelines for ULIPs and these new guidelines have completely change the way business of ULIPs is conducted in the country. Insurance regulatory and development authority of India has redesigned Unit Linked Insurance Product as long term protection plans instead of it earlier position of investment products. It has reduced its cost and changed the commission structure.