Tuesday, November 26, 2019

New group insurance norms set to promote fair practices

The Insurance Regulatory and Development Authority has said that group insurance schemes should show collection of premium, issue of certificate of insurance and reimbursement of expenses. Also, interest rates declared under group savings products should be in such a way that there is no discrimination among identical policyholders on fund size.

from Banking/Finance-Industry-Economic Times https://ift.tt/2Oq8gK9
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