LIC restructuring Ulip costs to protect agent commissions

[IndiaInsurance]

Life Insurance Corporation of India is looking to increase the minimum premium payable and minimum lock-in order to adhere to the expenses cap norms brought in by Insurance Regulatory Development Authority.

More... (http://economictimes.indiatimes.com/LIC-restructuring-Ulip-costs-to-protect-agent-commissions/articleshow/5260721.cms)