Now as the lockdown has been further extended up to May 17, 2020, the regulator has allowed extended grace period up to May 31 for all life insurance policies whose premium was due in March keeping in view the difficulty faced by some policyholders to renew the policies in time.
from Banking/Finance-Industry-Economic Times
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Sunday 10 May 2020
COVID-19: Irdai again extends grace period for life insurance policies
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