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Tag: surrender value

Changes in Life Insurance Policy Surrender Value Rules
Good news for life insurance policyholders! Thanks to new rules from the Insurance Regulatory and Development Authority of India (IRDAI), you will no longer lose the entire amount of your
Financial Year 2024
SURRENDER VALUE in Life Insurance policies Starting April 1, 2024, as announced by the insurance regulator IRDAI, revised surrender values in non-linked or linked life insurance products – traditional endowment
Father of Life Insurance

By: Insurancepe April 10, 2023

Elizur Wright, a 19th century American who started his career as a mathematician is widely considered to be the father of life insurance. In 1844, there was a public auction