IRDAI directs insurers to conduct board meetings only via video-conferencing till end June

While life insurers who as it is could provide customers with a ‘grace period’ for premium payments can now provide 30 additional days for relaxation in dues, whereas for health policy holders a delay in premium payment by 30 days can be ignored by the insurers, IRDAI said in a circular released on Monday.

from Banking/Finance-Industry-Economic Times https://ift.tt/39f78jw