News Life and Health30 Oct 2018

India:Regulator issues draft for more liberal product regime

30 Oct 2018

The insurance regulator IRDAI has released a draft paper, proposing regulations to standardise life insurance products - with several changes to the benefit of customers. In particular, insurers are to be given the freedom to offer a lower sum insured, a move which will increase the savings component in the insurance policy, leading to a higher return in exchange for a lower protection amount.

Archived articles are available to Magazine subscribers only.

If you are already a subscriber

OR sign-up for a trial access here

For Full Access to the magazine SUBSCRIBE here.
CAPTCHA image
Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 
Error : Object reference not set to an instance of an object.

Recent Comments
Other News

Follow Asia Insurance Review