IndiaInsurance
20th February 2012, 08:51 AM
First it targeted the pension plans. Then it went after the NAV-guaranteed Ulips. Now, Irda has put the single premium policies under the scanner. The insurance regulator says that single premium policies are not in the interest of policyholders and wants insurance companies to sell regular premium products.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/single-premium-plans-cost-more/articleshow/11936819.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/single-premium-plans-cost-more/articleshow/11936819.cms)