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IRDAI tightens advertisement norms for insurers

IRDAI tightens advertisement norms for insurers

Thursday, September 21, 2017, 6:41 PM

IRDAI has tightened advertisement norms for the Rs.30 lakh crore life insurance industry. In its latest circular, IRDAI has directed life insurance companies not to club claim settlement ratios of individual policies and group policies in advertisements. The insurance regulator has asked life insurers to segregate claim settlement ratios of individual and group policies before publishing or broadcasting the advertisements.
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