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IRDA

The acronym for the Insurance Regulatory and Development Authority of India, it is the apex body overseeing the insurance business in India. It protects the interests of the policyholders, regulates, promotes and ensures orderly growth of the insurance in India.

News On IRDA
New IRDA guidelines make ULIPs an attractive option

02-04-2014| Source:Moneycontrol.com

significant features of a ULIP are the Top-Up and Fund Switch options. Earlier, there was the Cover Continuance option but that feature is no longer prevalent after the regulations in 2010 by IRDA.Top-Up option

IRDA rules make insurance buying more transparent

02-04-2014| Source:Moneycontrol.com

that surrounds life insurance products in India.IRDA has been pushing the case for better transparency and their new regulations, as mentioned in their February 2013 Gazette, aims to do just that.Clearly defining

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