In order to keep agents' commissions for ULIPs intact, LIC is looking to increase the minimum premium payable and minimum lock-in order to adhere to the expenses cap norms brought in by IRDA.
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In order to keep agents' commissions for ULIPs intact, LIC is looking to increase the minimum premium payable and minimum lock-in order to adhere to the expenses cap norms brought in by IRDA.
More...