IRDA clarification on Process of providing Clearance to Insurance Products

The clearance to Insurance Products takes a lot of time in the country. Policyholders™ protection is the prime concern of the Insurance Regulatory and Development Authority (IRDA) and it does exercise a thorough diligence while approving products accordingly. IRDA has informed that the scrutiny process involves detailed examination of whether: ¢ Product is suitable to… Read More

Tags: healthinsurance, India, Insurance, Insurance Regulatory, Insurance Regulatory and Development Authority, IRDA, Product design, Unitised insurance fund