ULIPs have changed but premiums have risen with most plans

[IndiaInsurance]

We know that the new version of Unit Linked Insurance Plans (Ulips) offered by life insurance companies after September last year are more investor-friendly. First, they can't be mis-sold as a short-term investment product anymore, as the minimum lock-in period has risen to five years from three earlier. Second, after the rationalisation of charges, they offer better returns. However, the minimum premium payable under most new Ulips has increased.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/ulips-have-changed-but-premiums-have-risen-with-most-plans/articleshow/7241285.cms)