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NEW DELHI: State-owned Life Insurance Corporation of India (LIC) is engaging with key financial regulators, including and Sebi, to expand the availability of long-term investment instruments as inflows into its annuity products keep on rising, CEO and MD R Doraiswamy said.
Five-year health insurance moratorium reduces wrongful claim rejections for genuine non-disclosures while preserving fraud checks, so policyholders must stay transparent and maintain continuous cover for protection.