Page-2 of Insurance Regulatory and Development Authority of India (IRDAI) Current Affairs, GK & News

All Digital Insurance Policies to be issued via Digilocker app

The Insurance sector regulator Insurance Regulatory Authority of India (IRDAI) has advised all the Insurance companies to issue digital insurance policies using the government’s Digilocker app. Highlights Issuance of the policies through the Digilocker app will result in to better customer experience. Using this app, claims processing and settlement of the policies will be faster. ..

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What are Index-Linked Insurance Policies?

Recently, a committee was set up by the Insurance Regulatory and Development Authority of India (IRDAI) on the request of some insurers. The committee has recommended to introduce the index-linked insurance policies (ILIPs). Index-linked insurance policies (ILIPs) The returns coming from the ILIPs will be linked to benchmark indices. ILIPs are the Insurance products linked ..

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