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IRDAI extends ‘Use and File’ procedure to `miscellaneous products’ with SA up to Rs 5 crores

IRDAI extends ‘Use and File’ procedure to `miscellaneous products’ with SA up to Rs 5 crores

by AIP Online Bureau | Oct 13, 2022 | Indian News, Non-Life, Regulation

Earlier, though the products with a sum assured above Rs 5 crore could be launched without prior approval of IRDAI, the products with sum assured up to Rs 5 crore still required the regulatory clearance before getting launched in the market Hyderabad: The IRDAI in its...

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