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Life Insurance policies to offer higher surrender value on premature exit - Vimarsana News

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...

IRDAI May Raise Special Surrender Value - Vimarsana News

IRDAI May Raise Special Surrender Value

Mumbai: To ensure fair treatment to policyholders, the Insurance Regulatory and Development Authority of India (IRDAI) is in discussions with life insurers to raise the final surrender value paid to...

Irdai's policy rollback: How it affects insurance surrenders - Vimarsana News

Irdai's policy rollback: How it affects insurance surrenders

There will be no hike in GSV for policies; secondary market sales can help curb.

Benefits of Opting for Term Insurance at an Early Age - Vimarsana News

Benefits of Opting for Term Insurance at an Early Age

Term insurance offers a plethora of benefits and embracing it in the early stages of life not only provides financial security but ensures cost-effectiveness

What the 10% income in LIC Jeevan Utsav policy implies - Vimarsana News

What the 10% income in LIC Jeevan Utsav policy implies

The policy only offers subscribers a guaranteed 10% payout of the sum assured annually