IndiaInsurance
13th May 2009, 05:49 AM
The Insurance Regulatory and Development Authority has decided that instead of fixing limits for various charges or standardising the charges, the regulator has decided that it will look at the net present value of all charges over the life of the policy and put a ceiling on this overall value.
More... (http://economictimes.indiatimes.com/IRDA-to-simplify-check-on-life-insurance-charges/articleshow/4522397.cms)
More... (http://economictimes.indiatimes.com/IRDA-to-simplify-check-on-life-insurance-charges/articleshow/4522397.cms)