The insurance regulator has tweaked some rules pertaining to life insurance products. These changes include longer revival periods for lapsed polices, enhanced surrender value for non-linked insurance products and more flexibility with respect to withdrawal of your money when it comes to pension plans. Money Money Money discussed these changes and their impact on policy holders with V Vishwanand, deputy MD at Max Life, Rahul Mohata, COO of Ideal insurance and financial planning expert Harsvardhan Roongta.
