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Topic: What is cash premium acceptance for Life Insurance Premium and what are its limits in India?  XML
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[Post New]16/04/2009 08:55:45
    Subject: What is cash premium acceptance for Life Insurance Premium and what are its limits in India?
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UdayShankarTikadar


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Have these limits been revised recently?
[Post New]17/04/2009 09:54:48
    Subject: Re:What is cash premium acceptance for Life Insurance Premium and what are its limits in India?
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AanandIGoyal


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Cash premium acceptance for life insurance premium is restricted to Rs. 50,000/- as per recent IRDA guideline. Individual companies can however, have lower threshold as per their internal policies. All these provisions are based on Anti Money Laundering(AML) Guidelines of the Reserve Bank of India.
 
Discussion forums » Life Insurance
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