IRDAI issues circular on Availability and Renewal of Standard Corona specific products.

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The insurance Regulatory and Development Authority of India vide its circular dated 10th June 2021 has directed the insurance companies to continue offering corona Kavach and Corona Rakshak Policies.

Based on the receipt of complaints stating that some of the insurance companies are not issuing Corona Kavach and Corona Rakshak Policies, it is clarified that all General and Health Insurers are mandated to offer Corona Kavach Policy and Corona Rakshak Policies and also to renew these policies.

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