News Regulations12 Feb 2021

India:IRDAI working group recommends relaunch of index-linked insurance plans

| 12 Feb 2021

A working group appointed by the IRDAI has recommended the re-introduction of Index-Linked Insurance Products (ILIPs), saying in its report that such an alternative category of products is relevant as fits in between traditional products where features can appear less transparent and the unit-linked products (ULIPs) where transparency is higher but the investment risks are completely borne by the policyholders.

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