Irdai Guidelines News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Highlights Now, there will be an option to choose the period on a monthly, quarterly, half-yearly or yearly basis. The IRDAI in its guidelines said that the minimum annuity amount contribution for Saral Pension Plan is Rs 1,000 per month, Rs 3,000 every three months, 6,000 every six months and Rs 12,000 in a year. As per IRDAI guidelines, the Saral Pension policy can be surrendered any time after six months from the date of commencement. The Insurance Regulatory and Development Authority of India (IRDAI) has asked all the insurance companies to start Saral Pension Plan from April 1, 2021. Thi...

Insurance regulator IRDAI on Tuesday proposed to extend the validity of regulatory sandbox guidelines by two years as the proposals received under it require more time for completion. To give a fillip to insurance penetration and facilitate innovations in the sector, especially those triggered by technology, the regulator had notified the IRDAI (Regulatory Sandbox) Regulations, 2019 on July 26, 2019. The regulations are scheduled to expire on July 25, 2021. The Insurance Regulatory and Development Authority (IRDAI) invited applications for the first cohort of the regulatory sandbox from Se...