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Irdai on use-and-file products

Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI

BS Reporter  |  Mumbai 

The Insurance Regulatory and Development Authority of India (IRDAI) has said that commercial products in general insurance will be sold under use-and-file procedures.  Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI. The guidelines will come into force with effect from April 1, 2016. The procedure requires the products to be necessarily filed with the Authority before these are marketed. In its guidelines on product filing for general insurance companies, IRDAI said that all retail products (including their ...

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Irdai on use-and-file products

Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI

Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI The Insurance Regulatory and Development Authority of India (IRDAI) has said that commercial products in general insurance will be sold under use-and-file procedures.  Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI. The guidelines will come into force with effect from April 1, 2016. The procedure requires the products to be necessarily filed with the Authority before these are marketed. In its guidelines on product filing for general insurance companies, IRDAI said that all retail products (including their ... image
Business Standard
177 22

Irdai on use-and-file products

Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI

The Insurance Regulatory and Development Authority of India (IRDAI) has said that commercial products in general insurance will be sold under use-and-file procedures.  Use-and-file is a procedure where the insurer is permitted to market the product without prior noting of IRDAI. The guidelines will come into force with effect from April 1, 2016. The procedure requires the products to be necessarily filed with the Authority before these are marketed. In its guidelines on product filing for general insurance companies, IRDAI said that all retail products (including their ...

image
Business Standard
177 22

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