Wednesday, April 14, 2021
Home India Digital Consent to Life Insurers Until March 31

Digital Consent to Life Insurers Until March 31

The Insurance Regulatory and Development Authority of India announced on Thursday

The Indian insurance regulator on Thursday said life insurers can get the consent of a prospective policyholder through electronic means in the case of pure risk products for sales made by agents.

Follow NewsGram on Instagram to keep yourself updated.

The Insurance Regulatory and Development Authority of India (IRDAI) said life insurers can dispense with getting the wet signature of a prospective policyholder on the proposal form till March 31, 2021.

According to IRDAI, life insurers should send the completed proposal form, benefit illustration, and suitability assessment to the registered email id or mobile phone number of the proposer.

ALSO READ: Five Substitutes To Yummy Diwali Sweets

The proposer can give his/her consent by affixing a digital signature or clicking the confirmation link or by validating the one-time password (OTP) that was shared. (IANS)

STAY CONNECTED

19,517FansLike
362FollowersFollow
1,773FollowersFollow

Most Popular

5 Best Used Car For The Money

Your buddy wants to buy a used car for $8,000; what would you recommend? Well, it depends on the kind of car he wants....

Reasons Why Himalayan Salt Has Grown In Popularity

There are many reasons why Himalayan salt has grown in popularity! But before you delve into its benefits let's try and understand what exactly...

Revamp Your Self Care Routine By Beauty And Spa

Bang in the middle of summer we need to remind ourselves that our self-care routine needs a revamp. Swati Gupta, Director, and Head of...

Smartphone Cyber Attacks Witness A Staggering Growth

Indian organizations witnessed a staggering 845 percent increase in cyber-attacks on employees' smartphones since October 2020, as remote working during the pandemic saw the...

Here’s Why Some Covid-19 Survivors At Risk Of Blood Clot

People who have recovered from Covid-19, especially those with pre-existing cardiovascular conditions, may be at risk of developing blood clots due to a lingering...

The Possible Risks Of Sleeping ‘Too Much’

BY- Jaya Choudhary Just how much sleep is too much? Well, the amount of sleep you need varies significantly over the course of your lifetime....

Bhimrao Ramji Ambedkar: An Inspiration

By- Khushi Bisht Dr. B. R. Ambedkar, widely regarded as Babasaheb Ambedkar, was one of the creators of the Indian Constitution. He has been the...

A Few Things That You Need To Know About The Covid19 Jab

As Hyderabad-based pharmaceutical major Dr. Reddy's Laboratories (DRL) announces it has received permission from the Drugs Controller General of India (DCGI) to import Sputnik...

Recent Comments