Episode notes
The Insurance Regulatory and Development Authority of India (IRDAI) on December 12th, 2023, released an Exposure Draft proposing a host of changes. Among various other changes suggested is the measure proposed to increase the surrender value of non-linked policies. The 28-page document also lists down various other proposals and has requested all stakeholders to forward their comments and suggestions by 3rd January 2024. In this brand-new episode of Insuring India, we speak to Sabyasachi Sarkar, Appointed Actuary of Go Digit Life Insurance to understand what these regulations are, why it is being proposed, how it will benefit policyholders, and more! Tune in!
Keywords
life insurancetraditional life insuranceexposure draftmicroinsuranceinsurance surrender charges