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Changes to surrender value norms in interest of customers: Industry
Business Standard|November 09, 2024
Changes to surrender value norms by the insurance regulator are in the best interests of customers and will boost insurance penetration, according to leading industry players.
- AATHIRA VARIER
Changes to surrender value norms in interest of customers: Industry

At the Business Standard BFSI Insight Summit, insurance executives highlighted their strategies to mitigate the impact of these changes.

During the summit, a panel of life insurance chief executive officers (CEOs), moderated by Business Standard's consulting editor Tamal Bandyopadhyay, discussed the topic: 'A Case for Increasing Coverage?' While surrender charges have been a pain point for insurers, they have managed this challenge by adjusting commission structures.

This story is from the November 09, 2024 edition of Business Standard.

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Changes to surrender value norms in interest of customers: Industry
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This story is from the November 09, 2024 edition of Business Standard.

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