IRDAI | Small Business: IRDAI panel suggests 'micro insurance' modules for low-income group, small businesses : Rashtra News #IRDAI #Small #Business #IRDAI #panel #suggests #micro #insurance #modules #lowincome #group #small #businesses A committee appointed by regulator IRDAI has suggested over a dozen low-cost "micro insurance" modules with a view to expand protection plans for uncovered
The Insurance Regulatory and Development Authority of India (IRDAI) on Thursday allowed general insurers to design and launch fire, and allied perils, insurance policies covering dwellings, micro and small enterprises.With this, the IRDAI had .
The committee has suggested that the insurers should be allowed to adopt a modular approach using various permutations and combinations for Combi MI (Micro Insurance) products.