IRDAI vide circular dated 29-12-2020 has issued Relaxations in Point of Sales. The modified underwriting conditions for Pure term Insurance with or without Return of Premium is as per the board approved underwriting policy of the Life Insurer. Modified maximum Sum Assured Limit on a single Life for a Non-Linked, Non-Participating Endowment Product is Rs. 25 lakhs(excluding ADB) at insurer level (per insurer).
The 129th meeting of the IRDAI marks a significant moment in the evolution of the Indian insurance industry. With a focus on reinsurance, future-ready initiatives,
Madhya Pradesh revises Variable Dearness Allowance and minimum wages for scheduled employment, effective from October 1, 2024 after CPI increase and court order
Madhya Pradesh introduces new guidelines to address inefficiencies in Building and Other Construction Workers Welfare Cess assessment and recovery process.
The government extends PMFBY and RWBCIS with Rs. 69,515 crore funding, enhancing farmer insurance support and addressing grievances for smoother implementation
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