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9 hours ago · The IRDAI had asked life insurance companies to ensure that existing endowment policies comply with the new norms by September 30. So, all products sold to customers from October 1 will have to ...
21 hours ago · Life insurance business is all set to enter a new phase from Tuesday, as the new norms on surrender value brought in by the Insurance Regulatory and Development Authority of India (IRDAI) will ...
9 hours ago · Policyholders exiting traditional life insurance get more money back starting October 1, 2024. Irdai has asked the insurance companies to offer a higher special surrender value (SSV) for traditional endowment policies from October 1, 2024. The new 'special surrender value' rule mandates higher refunds, offering flexibility to switch plans. ET Wealth Online decodes the new special surrender value rule and how it impacts life insurance policyholders from next month.
21 hours ago · Broadway Mourns Its Beloved Gavin Creel: “We Lost Our Prince”. By Greg Evans. September 30, 2024 11:12am. Gavin Creel at opening night curtain call of "Into The Woods" at New York City Center ...
2 hours ago · Policyholders of traditional life insurance will see reduced returns due to new guaranteed surrender value rules starting October 1. Non-participating policyholders will face a 0.3-0.5% drop in returns, while participating policies will experience decreased bonus payouts over time. These changes align with falling government bond rates. Agencies.
11 hours ago · India’s tax treatment of share buybacks has evolved significantly, with the latest changes making for a significant milestone. “Pre 2013/2019 amendments, India taxed buybacks as capital gains ...
3 hours ago · Return of premium, or ROP, is a type of term life insurance that returns the premiums you paid into your term policy if you outlive your coverage. In turn, you pay significantly higher premiums ...
