IRDAI on 5th September, 2024 has issued Master Circular on Protection of Interests of Policyholders. The master circular contains two sections as under:
- It contains summary of important and relevant information at various stages of an insurance contract for the prospects / policyholders / customers. A prospect or policyholder to know his/ her rights and obligations at various stages of an insurance policy may visit this Section. Important and relevant information at various stages of
Section 2: It contains broad requirements to be complied with by an insurer under the Regulations.