Review: Saral Jeevan Bima – India’s First Standard Term Life Insurance
Moneylife Digital Team 31 December 2020
On 15 October 2020, the Insurance Regulatory and Development Authority of India (IRDAI) published guidelines for a standard term insurance product under the banner of Saral Jeevan Bima. All life insurance companies were asked to mandatorily sell this standard life insurance policy from 1 January 2021. 
 
Standardised policies have fixed terms and conditions, set by the insurance...
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