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It is a standard immediate annuity plan under the guidelines of the insurance regulatory and Development Authority of India (IRDAI).

LIC launches Saral pension plan, check details

Insurance regulator IRDAI has again extended the grace period for premium payment or renewal of life insurance policies, which were due in March, till May 31.

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LIC launches Saral pension plan, check details

Grace period for life insurance policies extended till May 31