News From Press From July 1, insurers to provide claim tracking mechanism

From July 1, insurers to provide claim tracking mechanism

Source: Business Line Apr 11, 2019

To improve service and ensure timely settlement of claims, the insurance regulator has said all insurers must provide customers clear updates including a tracking mechanism on policies.

The new directive from the Insurance Regulatory and Development Authority of India (IRDAI) will come into effect from July 1.

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