Two insurance rules from April 1, 2024: Demat type e-Insurance Account must to buy new policies, latest surren
Last Update Date: 06-10-2026
Published by The Economic Times
Abhishek Kumar's role: Quoted
Abhishek Kumar pointed out that IRDAI kept surrender values largely unchanged after its consultation paper, so policyholders exiting early will still get little back.
More of Abhishek's views on insurance
The article explains two insurance rules from April 1, 2024: new policies must be issued in electronic form and held in an e-Insurance Account, and revised surrender value norms for traditional life plans. It sets out the surrender slabs and what the changes mean for policyholders.
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Two insurance rules from April 1, 2024: Demat type e-Insurance Account must to buy new policies, latest surren