Group term life insurance to become expensive by 10-15%; employees may face deductions in salary
If you have taken health insurance coverage for yourself and your family through your employer's group insurance policy and your premiums are also deducted from your salary, then the deduction can be increased, Zee Business' Anurag Shah reports.
The IRDAI has requested all the regulated entities- insurers, intermediaries- to make use of this initiative and offer pragmatic solutions to reduce the significant insurance penetration gap in the country. Pic: Representational image from Pixabay