Topic
Unit-linked insurance plans combine life cover with market-linked investment. They are regulated by IRDAI and have a five-year lock-in.
8 storiesLatest 25 Sept 2026, 15:24 IST
Insurance/
IRDAI/ACTL/MSTCIR/MISC/89/6/2024 forces ULIP illustrations to show at least 90% of premiums back at 4% gross and grants a three-year revival window. Here is the arithmetic and the traps.
Insurance
How the IRDAI Life Products Master Circular 2024 fixes ULIP surrender values, the third-anniversary rule and the 90%-at-4% maturity floor, explained with worked numbers and the insurer's disclosure duties.
Insurance
IRDAI's 2024 Master Circular doubled the insurance free-look window to 30 days. Here is exactly how to cancel a mis-sold policy, what insurers can deduct, and the refund arithmetic worked out.
Insurance
The IRDAI 2024 regulations give every life and health policyholder a 30-day free-look window. Here is exactly what you get refunded, what insurers keep, and why ULIP refunds differ.
Insurance
ULIPs lock in for 5 years and surrender charges fall from Rs 6,000 in year 1 to nil after year 5. How IRDAI's Discontinued Policy Fund and the Budget 2024 tax rule actually work.
Insurance
Section 10(10D) exempts life insurance maturity proceeds only when premium-to-sum-assured ratios and the Rs 2.5 lakh ULIP and Rs 5 lakh non-ULIP annual-premium caps hold. Here is the working math.
Insurance
IRDAI's March 2024 regulations extended the free-look window to 30 days for every policy. Here is how refund computation works for ULIPs and traditional plans, plus the procedural traps that still trip up genuine cancellations.
Insurance
Finance Act 2025 retains both Section 10(10D) premium caps: Rs 2.5 lakh on ULIPs (Section 112A LTCG) and Rs 5 lakh on traditional plans (Section 56(2)(xiii) slab tax).
