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Single Premium Policy

A life insurance policy for people who want to buy a policy for a one-time lump sum payment and then be covered for the specified term or for life, as per the insurance contract, without paying any additional premiums.

News On Single Premium Policy
Life insurance market clocks 20% growth in Q1

19-07-2015| Source:PTI

,570 crore during the April-June period riding on group single premium policies.

Life insurance premiums jump 24% in Apr-May

10-07-2015| Source:PTI

The life insurance industry's total premium collection grew 24 percent to Rs 13,651 crore in the first two months of the current fiscal, driven by group single premiums.

Govt allows foreign retail investors to have more than 1 JV

07-07-2015| Source:PTI

The Department of Industrial Policy and Promotion (DIPP) clarified this as there was a confusion whether the brand owner or non-resident entity/entities can undertake single brand retail trading

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