Finance Insurance discounts may soon be thing of the past: Here’s why Updated : January 29, 2020 11:37 AM IST IRDAI has warned insurers of penalties to dissuade the companies from offering unviable discounts to corporate clients. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.