Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Xplico policyholders, creditors get extension to make claims
Policyholders Compensation Fund (PCF) said the decision was arrived at as a result of orders issued by the High Court on December 10, 2024, which extended the period of statutory management of the insurer by three months.
Policyholders and other creditors owed by Xplico Insurance have up to March 7, 2025, to claim their dues after a moratorium on payments was extended for three months following expiry of the earlier deadline set for December 8 last year.
In a public notice on Tuesday, the Policyholders Compensation Fund (PCF) said the decision was arrived at as a result of orders issued by the High Court on December 10, 2024, which extended the period of statutory management of the insurer by three months.
