Press release on Insurance product approvals made easy- Steps towards ease of doing business (dated -10.06.2022) – IRDAI.
View PdfPress release on Insurance product approvals made easy- Steps towards ease of doing business (dated -10.06.2022) – IRDAI.
- In its continuous endeavour towards the reform agenda taken up towards having a fully insured India, Insurance Regulatory and Development Authority of India (IRDAI) has extended the ‘Use and File’ procedure for most of the Life Insurance products. This means now the life insurance companies’ can also launch these products without prior approval of IRDAI. This comes after the similar relaxations were extended to all the Health Insurance products and almost all the General Insurance products by IRDAI vide a circular dated01.06.2022, refer attachment for further details.
