After groping in the dark for a while, IRDA has found it’s feet. It is now alive and is competing with SEBI regarding changes it wants to introduce in it’s space; every second day there is some circular about some aspect or other of the insurance policies trickling in. Currently, it is focusing its energies primarily on the Life Insurance space. All these changes are good for the end user, who has been playing Santaclaus, all these days.
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