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New ULIP norms: Insurers expect sharp drop in sales

PUBLISHED ON: August 31, 2010 | Duration: 1 min, 58 sec

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From September 1, the country's insurance agents won't be allowed to sell even half the number of unit linked insurance policies that they were selling earlier. The reason, insurance companies can sell only those policies, which follow the new norms laid out by the insurance regulator IRDA.
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