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New Insurance Policies To Be Issued Only In Electronic Format, Policy On Surrender Value Tweaked From Today, 1 April 2024

Insurance Regulatory and Development Authority of India has said that two new insurance rules are applicable from 01 April 2024. ....

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Insurance policies will be issued in electronic format only - New Delhi Times - India's Only International Newspaper - Empowering Global Vision, Empathizing with India

Insurance Regulatory and Development Authority of India (IRDAI) has issued a notification stating that insurance policies will now be issued in electronic format only starting April 1 2024. In its notification 'Protection of Policyholders’ Interests regulations' dated March 20, IRDAI made it mandatory for insurers to offer policies in demat format. Meanwhile, IRDAI has said… ....

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Moneycontrol Selects: Top stories this evening

Our specially curated package of the most interesting articles ....

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Insurance new rule: e-Insurance in demat like format mandatory for all new policies from April 1, 2024; what is going to change?

e-Insurance policies new rule: The Insurance Regulatory and Development Authority of India (IRDAI) has made it mandatory to hold new insurance policies in electronic format from April 1, 2024. e-insurance refers to the process of acquiring and managing insurance policies electronically. Policyholders can purchase insurance and store digital policy documents in a dedicated e-Insurance Account (eIA). This eliminates the need for physical documents and simplifies managing various insurance policies, including life, health, and general insurance coverage. What policyholders must know about this new IRDAI rule ....

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New insurance policies will be issued only in electronic format from April 1

The Insurance Regulatory and Development Authority of India (IRDAI) has made it mandatory for insurers to issue fresh policies digitally. This would ensure easier access to policies and make keeping track of policies across companies and segments simpler. ....

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