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.
Nifty IT index has lagged behind Nifty 50 in the last year, but experts believe that the sector could witness a revival with improving macros and cost efficiency measures.
Surrender value: IRDAI holds fire - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
All insurance companies will join the proposed platform. The proposed platform will a not-for-profit entity established through a company formed under Section 8 of the Companies Act, 2013.