HomeNewsBusinessPersonal FinanceIRDAI announces final regulations on surrender value effective April 1
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IRDAI announces final regulations on surrender value effective April 1

These regulations, which will be effective April 1, 2024, state that the surrender value is expected to remain the same or even lower if policies are surrendered up to a period of within three years

Moneycontrol News
March 24, 2024 / 19:29 IST
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This in effect means that if an indvidual holds on to the policy for a longer period of time, the surrender value will be higher and the converse is also true.
Moneycontrol News
first published: Mar 24, 2024 06:39 pm

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