On examining the existing business practices adopted while soliciting the life insurance business and in order to protect the interests of policyholders by letting them have an informed choice while replacing the existing policies, the Authority proposes to issue suitable guidelines. Accordingly, an exposure draft on Guidelines on Replacement of Life Insurance Policies is issued for further and wider deliberations on the subject.

All stakeholders are requested to review the attached exposure draft and forward their views / comments to the following address before 20^th July, 2014.

Comments may also be forwarded by e-mail to v.chandrasekhar at irda dot gov dot in
before 20^th July, 2014.

 

(D D Singh)

Member (Distribution)