COVID-19: Govt of India extends renewal date for health, motor vehicle insurance policies. New date is set for May 15 and is because of the extension of the nationwide lockdown. The govt has issued a notification allowing policyholders to make payments on or before May 15. Govt aims to mitigate hardships of policyholders whose insurances are due for renewal during the lockdown. Last month, LIC had extended the deadline for premium payment to help policyholders.
