PDA

View Full Version : Ulip holders may get option to stagger maturity payments to cushion current stock market impact



IndiaInsurance
8th April 2020, 04:30 PM
Where unit-linked policies mature and fund value is to be paid in lumpsum, Life Insurers may offer staggered settlement option to policyholders. This onetime option is regardless of whether such option exists or not in the specific product.

More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/ulip-holders-may-get-option-to-stagger-maturity-payments-to-cushion-current-stock-market-impact/articleshow/75042659.cms)