IT is after a long time that all the insurance companies have started offering unit-linked insurance plans (Ulips) that meet the new guidelines of the Insurance Regulatory and Development Authority (Irda).
All the players, namely –
• Future Generali
• Kotak Life Insurance
• SBI Life Insurance
• Reliance Life Insurance
• HDFC Standard Life
• LIC and soon
Have launched and continue to launch their products in line with the new norms that came into effect.
Irda has cleared 51 of the 68 unit-linked products that were filed with it. Each insurer has to come out with a minimum of two products.
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