Question

What is the revised lock-in period for all Unit Linked Products according to the IRDA guidelines effective from September 2010?

a.

Three years

b.

Four years

c.

Five years

d.

Six years

Answer: (c).Five years Explanation:The three-year lock-in period for all Unit Linked Products was increased to a period of five years, including top-up premiums.

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Q. What is the revised lock-in period for all Unit Linked Products according to the IRDA guidelines effective from September 2010?

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