Circular regarding Pricing of products covering fire and applied perils (dated -12.05.2022) – IRDAI.

• 13th, May 2022
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Circular regarding Pricing of products covering fire and applied perils (dated -12.05.2022) – IRDAI.

• It is reiterated that insurers shall ensure that policy holders are not mis-informed that the burning cost is ‘mandated minimum rate’ for insurers to charge, refer attachment for further details.