Question
a.
30% of the net asset value
b.
40% of the net asset value
c.
50% of the net asset value
d.
60% of the net asset value
Posted under IC 14 Regulations of Insurance Business
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Q. What is the maximum loan amount that can be sanctioned under any ULIP policy, where equity accounts for more than 60% of the total share, according to the IRDA guidelines?
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