News From Press Life Insurers to seek extension on implementing surrender value norms

Life Insurers to seek extension on implementing surrender value norms

Source: Business Standard Jul 31, 2024

Life insurance companies are planning to seek a three-month deadline extension from the regulator on the implementation of surrender value norms, said multiple people aware of the development.
New product launches could slow down due to the new norms, which need to be implemented before September 30, 2024.

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