Episode 820
IRDAI junks surrender value proposals: What it means for you
Should you get higher surrender value if you breach your life insurance contract midway? Sumit Ramani, Actuary and Co-founder, ProtectMeWell.com disagrees. A better way out is to link the distribution commission with the persistency so that distributors sell it to only those serious about holding the policy till maturity, he says. In a conversation with Aprajita Sharma of Mint Money, he decodes all of it.
Why Not Mint Money · Mint - HT Smartcast
April 4, 202430m 32s
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Show Notes
Should you get higher surrender value if you breach your life insurance contract midway? Sumit Ramani, Actuary and Co-founder, ProtectMeWell.com disagrees. A better way out is to link the distribution commission with the persistency so that distributors sell it to only those serious about holding the policy till maturity, he says. In a conversation with Aprajita Sharma of Mint Money, he decodes all of it.
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