What is Net Asset Value (NAV) of ULIP?A NAV is the value of each unit of the fund on a given day. The NAV of each fund is displayed on the website of the respective insurers. As per IRDA rule, Insurers do not have to disclose portfolio details as done by Mutual fund.
Definition of ULIP charges:The insurers have the right to revise fees and charges over a period of time.
1) Premium Allocation
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