scorecardresearch'Life insurers can launch products without prior nod'

'Life insurers can launch products without prior nod'

Updated: 12 Jun 2022, 08:53 AM IST
TL;DR.
At present, all life insurance products and riders require prior approval of the Irdai before launch. However, certain specified modifications are allowed to be carried out through 'Use & File' process.
At present, all life insurance products and riders require prior approval of the Irdai before launch. However, certain specified modifications are allowed to be carried out through 'Use & File' process.

At present, all life insurance products and riders require prior approval of the Irdai before launch. However, certain specified modifications are allowed to be carried out through 'Use & File' process.