 "Insurance, digital")
The Insurance Regulatory and Development Authority of India (Irdai) has come out with guidelines for a standard domestic travel insurance product, to be known as “Bharat Yatra Suraksha”. General and health insurers have to offer this product July 1 onwards.
There are five plans under the product and the coverage is both benefit and indemnity-based.
“Though there are a number of travel insurance products available in India, each product is distinct and the insuring public may find it difficult to choose an appropriate product. Therefore, a standard travel product is designed with uniform features of coverage, so as to make
