Answer / sm_kumar1536

regarding ulip. sebi claims that ulips related to
investment in share market. so insurance coy should get
permission from sebi. But irda claims that ulips also a
insurance product. so there is no need to get permission fm
sebi. now the case is in court

Answer / chandan kr gupta

Unit Linked Insurance Product(ULIP)'s most part is invested
in share market by insurance company,irda is the regulation
authory of insurance companies and sebi is the regulating
authory of share market. though, the product(ulip)is
entering in share market, so, sebi getting problem. and
sebi ordered that companies who selling ulip, to registered
their products under sebi. But IRDA do'nt agree with sebi,
and he says ulip is insurance product so, it comes under
our area.

Answer / dambarudhar malik

sebi stand for security exchange board of india

irda stand for Insurance Reegularity & Devolopment
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