Notification regarding IRDAI (Surety Insurance Contracts) Guidelines, 2022(dated – 03.01.2022) – IRDAI.

• 04th, January 2022
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Notification regarding IRDAI (Surety Insurance Contracts) Guidelines, 2022(dated – 03.01.2022) – IRDAI.

• The Authority, considering the specific nature of Surety Insurance owing to the unique risk and features of the products, hereby issues the following guidelines to regulate and develop Surety Insurance business.
• The guidelines shall come into force with effect from 1st April, 2022. The guidelines have been placed on the IRDAI website (https://www.irdai.gov.in), refer attachment for further details