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insurance industry: Surrender fee: Insurers propose dual structure as regulator pitches for a hike

A higher surrender value on nonpar policies, which guarantee survival or maturity benefit without depending on insurers profit, could lead to an increase in more people giving up on policies prematurely, according to the insurers. This could result in a decline in persistence levels — or the proportion of policyholders who opt to pay premiums regularly — for the life insurance sector, according to them. ....

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Why a Savings Life Insurance plan is the smart way to grow your wealth and live a carefree life

Why a Savings Life Insurance plan is the smart way to grow your wealth and live a carefree life
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