Bajaj allianz life insurance co.ltd
Effect of new sebi & irda rules
- 07-23-2009
- 73
Presently i have 02 life insurance policies (ulip poducts) of 20 years maturity terms from March.
the charges on policies are as under
(i) regular premium - 5% fund allocation charges fund management & other charges 3.5%(approx) = 8.5% (approx)
(ii) additional top up - 2% fund allocation charges fund management & other charges 3.5%(approx) = 5.5% (approx)
now in light of new rules of IRDA & SEBI what the maximum charges should be charged by the company w.e.f 1st aug & to which extent it will be applicable for my above old policies
Company: Bajaj allianz life insurance co.ltd
Country: India