free-look period

What do IRDAI’s draft rules on insurance coverage insurance policies imply for policyholders?

by

[ad_1] The file, named “Insurance coverage Regulatory and Building Authority of India (Coverage of Policyholders’ Pursuits and Allied Issues of Insurers) Rules, 2024″, brings in combination 8 separate rules right into a unified and complete framework. Prolonged free-look duration The free-look duration for reviewing insurance policies can be prolonged to 30 days from the date … Read more

Irdai appears to be like to double coverage trial to one month – ET HealthWorld

by

[ad_1] Record photograph for illustration goal handiest MUMBAI: You might quickly get extra time to learn the fantastic print of your insurance coverage and cancel it if it does not fit you. Insurance coverage regulator Irdai has proposed to increase the ‘free-look’ duration for insurance policies from 15 days to a month. A free-look duration … Read more