Request IRDA to Standardize and Mandate Rules on three things for insurance companies specially the private players in the market.
1.To put a strong fold on surrender charges which should favor the insurer to at least get the paid premium back.
2.To BAN ULIP from all insurance companies since all the investors suffering from the market fund value , which is trying to give us 50% lesser the invested amount,
eg: BAJAJ ALLIANZ ( IRDA TO TAKE STRICT ACTION ON THIS AND GET THE MINUMUM PAID AMOUNT BACK TO THE INVESTORS ATLEAST )_