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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 premiums up, but policy sales drop: Life insurers in a fix

17-01-2017| Source:Moneycontrol.com

The life insurance industry which had been facing a problem of de-growth in the first year premium collection is now facing another issue. While new premium growth has gone up to double digits

SBI Life faces extra penalty of 2% over bank rate for violation

13-01-2017| Source:Moneycontrol.com

IRDAI said that with respect to their group insurance product Super Suraksha, SBI Life has made payments at the rate of 20 percent of single premium towards reimbursement of administrative expenses

Why you should not buy life insurance for your child

04-01-2017| Source:Moneycontrol.com

Child plans are no different from other endowment and money back policies except for their names. After deducting agent commissions and administrative charges, the premiums invested in safe debt

2017: When Demonetisation politics meets Modinomics

26-12-2016| Source:Moneycontrol.com

Very rarely in recent history has a single policy decision in the financial world had such an immediate impact as Indias move to demonetize old Rs 500 and Rs 1000 notes. The process has been painful.

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