https://www.taxtmi.com/article/detailed?id=901 IRDA-prescribed ULIP rules extend the lock-in period to five years for policies and top-up premiums, require uniform level premiums with additional payments treated as single premiums, mandate minimum mortality or health cover for non-pension ULIPs, and require even distribution of charges during the lock-in. Pension/annuity ULIPs prohibit partial withdrawals during accumulation, convert accumulated funds into annuity at vesting with limited commutation options, and restrict loan amounts against ULIP units based on product asset composition. en-us Tue, 10 Aug 2010 17:50:02 +0530 Sat, 14 Sep 2013 22:58:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=901 IRDA-prescribed ULIP rules extend the lock-in period to five years for policies and top-up premiums, require uniform level premiums with additional payments treated as single premiums, mandate minimum mortality or health cover for non-pension ULIPs, and require even distribution of charges during the lock-in. Pension/annuity ULIPs prohibit partial withdrawals during accumulation, convert accumulated funds into annuity at vesting with limited commutation options, and restrict loan amounts against ULIP units based on product asset composition. Articles Corporate Laws / IBC / SEBI Tue, 10 Aug 2010 17:50:02 +0530 https://www.taxtmi.com/article/detailed?id=901