News From Press Irdai sets up panel to simplify wording of insurance policies

Irdai sets up panel to simplify wording of insurance policies

Source: ET Oct 27, 2023

New Delhi, Regulator Irdai on Thursday set up a committee to simplify the wording of insurance policies to help people make an informed decision before buying cover. The eight-member committee has been asked to submit its recommendations within 8-10 weeks.

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