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Life Insurance policies to offer higher surrender value on premature exit

Mumbai: From October 1, life insurance companies will pay you a surrender value even if you surrender your policy after completion of the first policy year. The Insurance Regulatory and Development...

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Maharashtra
India
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From-october
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ACESO launches ALIP to help LIC policyholders contemplating policy surrender

ACESO launches ALIP to help LIC policyholders contemplating policy surrender
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Tata AIA Life Insurance introduces instant Rs 1 lakh loan service, policyholders to get funds in just 1 minute

Tata AIA Life Insurance introduces instant Rs 1 lakh loan service, policyholders to get funds in just 1 minute
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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This LIC life insurance policy launched in February 2024 was withdrawn on April 1: Check surrender rules

LIC Dhan Vriddhi plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity to the life assured.

India
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Policy-term
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Basic-sum
Lumpsum-benefit
Death-benefit
Settlement-option

Hike in surrender value could drag insurers' profitability, say experts

If IRDAI considers increasing the surrender value, it will likely impact insurance companies's profitability as well as policyholder’s behaviour, analysts said.

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Prudential
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Form S-1/A MEMBERS Life Insurance

Form S-1/A MEMBERS Life Insurance
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Form S-1/A MEMBERS Life Insurance

Form S-1/A MEMBERS Life Insurance
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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New insurance surrender value rules to come into effect on April 1

The surrender values for life insurance policies will see a decline when policies are surrendered within the first three year, as per the newly released guideline.

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Insurance
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Mis-selling has its roots in below-par insurance advisory: Edelweiss Tokio Life Insurance ED

Life insurance premiums have undergone some revisions, mainly in the aftermath of COVID-19. I don’t see any significant movement happening this financial year, said Subhrajit Mukhopadhyay.

India
Tokio
Tokyo
Japan
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Executive-director
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Legacy-plus
Insurance
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Senior citizens and the seriously ill would suffer if insurance companies fix renewal premiums based on claims: GoDigit Chairman

Some health insurance companies have proposed to introduce cohort-based pricing, which is akin to the claim-based loading that was abolished by regulator IRDAI in 2013. The proposal is completely illogical and immoral, says Kamesh Goyal

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