IndiaInsurance
13th June 2024, 05:30 PM
IRDAI has introduced a higher special surrender value for traditional endowment policies, providing more liquidity and flexibility to policyholders. The calculation involves paid-up sum assured, future benefits, and a discount factor based on G-Sec, benefiting end consumers.
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/get-more-refund-on-premature-exit-from-life-insurance-policy-from-first-year-with-irdais-new-surrender-value-rule-how-much-will-you-get/articleshow/110969159.cms)
More... (https://economictimes.indiatimes.com/wealth/insure/life-insurance/get-more-refund-on-premature-exit-from-life-insurance-policy-from-first-year-with-irdais-new-surrender-value-rule-how-much-will-you-get/articleshow/110969159.cms)