Ulips life insurance products, Irda to regulate, rules govt
The government has put to rest the two-month-long turf war between insurance regulator Irda and capital market watchdog Sebi, clarifying that life insurance business includes any unit-linked insurance policy, scripts or similar instruments. “Life insurance business shall include any Ulip or any such instruments. This would set at rest all the issues regarding Ulips between two financial …

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