IRDAIâ€™s status quo on surrender charges a relief for insurers, but setback for policyholders

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Giving in to the life insurance industryâ€™s demands, the insurance regulator has junked its December 2023 draft that proposed higher surrender values â€“ payout on early exit â€“ for policyholders.

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IRDAIâ€™s status quo on surrender charges a relief for insurers, but setback for policyholders

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