GUD NEWS NOW IRDA GIVES PERMISSION TO 14 COMPANIES TO ISSUE FURTHER ULIP . yahoooooooooooooooooo
5 Replies
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 11 April 2010
yes, it's good news for us........ but might be bad news for Mutual Funds.......... who are going to suffer from ULIP Plans of Insurance Companies.........
Do anyone knows why LIC (Life Insurance Company) was not banned for Issuing ULIP Policies........... other 14 Private Companies (including SBI) were banned........
CA Himanshu Bansal
(Risk Manager)
(2345 Points)
Replied 11 April 2010
| Originally posted by : LOVE ARORA | ||
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yes, it's good news for us........ but might be bad news for Mutual Funds.......... who are going to suffer from ULIP Plans of Insurance Companies......... Do anyone knows why LIC (Life Insurance Company) was not banned for Issuing ULIP Policies........... other 14 Private Companies (including SBI) were banned........ |
 |
LIC = Sarkari Thing.. 
Others being private.. 
CA Himanshu Bansal
(Risk Manager)
(2345 Points)
Replied 11 April 2010
| Originally posted by : PRADEEP & SUDHIR JI | ||
|
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GUD NEWS NOW IRDA GIVES PERMISSION TO 14 COMPANIES TO ISSUE FURTHER ULIP . yahoooooooooooooooooo |
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When they did "not" gave permission to issue ?
Everything was ok,SEBI only put a ban..IRDA had no issues...
IRDA's recent statement is counter attack on SEBI's step..
CA Devender Chauhan
(Group Financial Accountant)
(1526 Points)
Replied 12 April 2010
| Originally posted by : Himanshu Bansal | ||
|
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Originally posted by : PRADEEP & SUDHIR JI GUD NEWS NOW IRDA GIVES PERMISSION TO 14 COMPANIES TO ISSUE FURTHER ULIP . yahoooooooooooooooooo When they did "not" gave permission to issue ? Everything was ok,SEBI only put a ban..IRDA had no issues... IRDA's recent statement is counter attack on SEBI's step.. |
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you are absolutely right
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 19 May 2014
Setting aside the ‘bad insurance policy’ is a good investment policy
What is a Bad Insurance Policy?
Did your last insurance policy assure you only insecurity after you bought it? Do you feel that the insurance policy which you have just taken does not serve your purpose? Or, is it that the policy does not give all that your advisor promised you it would, while selling the policy? If this is so, then you need not despair, help is at hand. The fine print in insurance policy documents can be devastating at times for some policyholders, but recourse to such problems is now available.
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
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