Tag: policyholders

IRDAI asks life insurers to offer surrender value in first year
Posted in Finance

IRDAI asks life insurers to offer surrender value in first year

Mumbai: The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurance companies to offer a surrender value from the first year itself, a…

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IRDAI allows for modification of withdrawn life insurance products to benefit policyholders; 4 key provisions
Posted in Finance

IRDAI allows for modification of withdrawn life insurance products to benefit policyholders; 4 key provisions

The Insurance Regulatory and Development Authority of India (IRDAI) has approved changes to withdrawn life insurance policies that will benefit existing customers. The IRDAI‘s circular…

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Irdai forms task force to facilitate ease of doing KYC using Aadhaar for policyholders: What will be covered
Posted in Finance

Irdai forms task force to facilitate ease of doing KYC using Aadhaar for policyholders: What will be covered

The Insurance Regulatory and Development Authority of India (Irdai) has announced that it is setting up a task force to facilitate ease of doing KYC…

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