IRDAI has issued new norms for Selling Insurance Online
Sunday, March 12, 2017, 1:17 PM
Online availability could drive down prices, especially for term life policies. Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines on insurance e-commerce, thus paving the way for electronic platforms that will market as well as service insurance products. The insurance self-network platforms that are to be set up could be a regular web portal, mobile app or both.