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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
New insurance premiums up 26% for life insurers in FY17, policy sales flat

18-04-2017| Source:Moneycontrol.com

According to data from the Life Insurance Council, life insurers collected Rs 1.75 lakh crore as new premium in FY17. Of this, LIC contributed Rs 1.24 lakh crore.

In three years, third party insurance premium for your car has risen 70%

29-03-2017| Source:Moneycontrol.com

Data from the Insurance Regulatory and Development Authority of India (IRDAI) shows that insurers have implemented an increase ranging from 40 percent to 96 percent in the cost of the policy.

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