New Delhi, ACESO, a technology platform in the insurance assignment business, plans to add 60 more channel partners in the current financial year.The company currently has 40 channel partners."Currently, we have 40 channel partners and we want to add another 60 more channel partners during...
ALIP provides a way for policyholders to achieve the surrender value of their endowment insurance policies while retaining their life cover benefits.Ketan Mehta, Founder, ACESO, highlighted that LIC's endowment policies form a significant part of its annual issuance, but many policies (about 5...
New Delhi, Insurance Regulatory and Development Authority of India (IRDAI) has issued a master circular prohibiting promotion of Unit Linked Insurance Plans (ULIPs) as 'investment products'.Unit-linked or index-linked insurance products will not be advertised as 'investment products', IRDAI...