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IRDAI asks insurers to launch 'Saral Pension'; here's all you need to know

Updated : January 27, 2021 06:32 PM IST

IRDAI has directed all life insurance companies to offer a standard individual immediate annuity product named ‘Saral Pension’ by April 1, 2021.
According to the insurance regulator, this will be a single premium, non-linked non-participating immediate annuity plan.
IRDAI asks insurers to launch 'Saral Pension'; here's all you need to know

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