The Insurance Regulatory and Development Authority of India vide its circular dated 14th September 2021 has extended the timelines for issuing health insurance policy in electronic form and without insisting on physical signed proposed form till 31st March 2022.
Earlier the exemption for wet signature on the hard copy of an insurance policy was valid till 31st March 2021 however due to the second wave of the pandemic, IRDAI extended the timeline till 30th September 2021 which is now further extended till 31st March 2022.
