Diabytes
Life insurance companies News
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General and life insurance companies will be able to engage actuaries as the regulator Irdai will soon form panel of such analysts.
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IRDA on Monday clarified that under lender-borrower scheme life insurance companies will make payment of outstanding loan to lenders in case of eventuality to an individual covered under the group insurance scheme.
It would encourage long-term savings and help incremental flows come into life insurance sector, LIC said in a pre-budget memorandum submitted to Finance Ministry last week.
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