Tag: MICROINSURANCE

IRDAI forms panel to review microinsurance framework

The Insurance Regulatory and Development Authority of India (IRDAI) has set up a committee under IRDAI Executive Director Suresh Mathur to review the regulatory framework on microinsurance. Microinsurance refers to products offering coverage to low-income households or to individuals who have little savings and is tailored specifically for lower valued assets and compensation for illness,… Continue reading IRDAI forms panel to review microinsurance framework