Insurance Regulatory and Development Authority of India (IRDAI) has asked all life and health insurers to give policyholders 30 days of relaxation in paying premium dues, as a measure to provide relief for lakhs of customers who may miss payment deadlines due to curbs placed by government to control the outbreak of Covid-19.
While life insurers who as it is could provide customers with a ‘grace period’ for premium payments can now provide 30 additional days for relaxation in dues, wher ..
