IRDAI issues new guidelines to protect interests of life and health insurance policyholders
The Insurance Regulatory and Development Authority of India (IRDAI) has released the 2024 Master Circular on Policyholders’ Protection, consolidating policyholder rights into one comprehensive document. It emphasises faster, smoother claims settlements and improved service standards, aiming to enhance trust and transparency in the insurance sector. The circular sets new benchmarks for safeguarding policyholders’ interests, ensuring […]
