16th November 2016 09:24 AM | |
shikha | Re: IRDA Pension Pension under Pension Policies as given by IRDA or Insurance Regulatory and Development Authority products provide financial security through a stable retirement income. With a view to protecting the interests of policyholders, IRDA has issued guidelines to the life insurance industry which provides these products. They include: All pension products shall have a clearly defined assured benefit at the time of sale an assured benefit applicable on Death Surrender and Vesting The assured benefit is not be less than 0% This benefit is utilised on the date of death, surrender or the vesting date as stipulated. Pension products have an insurance cover throughout the deferment period or may offer riders |
15th November 2016 06:47 PM | |
Unregistered | IRDA Pension Can you provide me the guidelines for Pension Products under Pension Policies as given by IRDA or Insurance Regulatory and Development Authority? |