Life Insurance: IRDAI withdraws low surrender value offer; you know the applicable transfer charges from 1 April 2024
The Insurance Regulatory and Development Authority of India (IRDAI) has announced the final set of surrender charges for non-linked or linked life insurance products — traditional endowment policies. These charges will come into effect from April 1, 2024. The move benefits life insurance companies in India. What are the new insurance cancellation fees? Under the … Read more