🚨 Major change (Pls. RT for awareness)
IRDAI recently relaxed product approval norms for select products including Health, Term Life, and ULIP, amongst others.
Insurers can now change products/pricing and launch new products without prior IRDAI approvals.
Implications 👇
— Mahavir Chopra / Beshak.org (@themahavir) June 16, 2022