Insurers to provide 1-month grace period for premium payments: IRDAI : Bulletin: Business Today
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Insurers to provide 1-month grace period for premium payments: IRDAI

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BusinessToday.In | March 24, 2020

Coronavirus: Delhi Police to seal border pickets, issue curfew passes to essential service providers
The Delhi Police on Monday moved to seal all border pickets in the national capital and said curfew passes will be issued to people associated with essential services as "execution" of the prohibitory orders in the city was "not up to the mark today". Media persons, however, will not need the passes and their ID cards will suffice, they said. Details like format of the application for the passes and from when they will be required, etc are likely to be shared on Tuesday, the police said.

Trump suggests he may scale back closures soon despite worsening coronavirus outbreak
President Donald Trump said on Monday he is considering how to reopen the U.S. economy when a 15-day shutdown ends next week, even as the highly contagious coronavirus is spreading rapidly and hospitals are bracing for a wave of virus-related deaths.

Coronavirus outbreak: ICMR recommends use of hydroxy-chloroquine for critical COVID-19 cases
The National Task Force for COVID-19, constituted by Indian Council of Medical Research (ICMR), on Monday recommended the use of hydroxy-chloroquine for preventive treatment of healthcare workers and individuals in close contact of coronavirus patients.

Insurers to provide 1-month grace period for renewal premium payments: IRDAI
Insurance regulator IRDAI on Monday asked life insurers to provide their customers an additional window of up to 30 days for paying renewal premiums in view of disruptions caused by lockdowns after the coronavirus outbreak.

UK announces 3-week lockdown to control coronavirus spread
British Prime Minister Boris Johnson has enforced the strictest curbs on movement of people for at least three weeks to try and control the spread of COVID-19 in the country, where the death toll has reached 335.

Coronavirus wipes out Rs 14 lakh crore wealth as Sensex, Nifty log biggest session loss
Investors lost Rs 14.23 lakh crore yesterday after Sensex and Nifty clocked their biggest fall ever as government imposed  lockdown in 76 districts to prevent the spread of coronavirus pandemic. Market capitalisation on BSE fell to Rs 101.86 lakh crore today compared to Friday's close of Rs 116.09 lakh crore amid weakness in global markets on coronavirus concerns.

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