Unitised insurance fund

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: healthinsuranceIndiaInsuranceInsurance RegulatoryInsurance Regulatory and Development AuthorityIRDAProduct designUnitised insurance fund

Insurance Regulatory and Development Authority frames two new regulations

The Insurance Regulatory and Development Authority (IRDA) has informed that two regulations have been framed, namely, (i) Insurance Regulatory and Development Authority (Linked Insurance Products) Regulations 2013 dated 18.02.2013 and (ii) Insurance Regulatory and Development Authority (Non- Linked Insurance Products) Regulations 2013 dated 18.02.2013 to make life insurance products user friendly. The provisions of the… Read More

Tags: Insurance Regulatory and Development AuthorityInsurance Regulatory and Development Authority (Linked Insurance Products) Regulations 2013Insurance Regulatory and Development Authority (Non- Linked Insurance Products) Regulations 2013IRDALife insuranceRegulationRegulatoryUnitised insurance fund

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