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The Times of India
The Times of India
Business
PTI

Irdai allows life insurers to launch products without prior approval

NEW DELHI: Irdai on Friday extended the 'use and file' procedure for the most of the life insurance products, thereby allowing insurers to launch new products without prior approval of the regulator.

This comes days after Insurance Regulatory and Development Authority of India (Irdai) extending similar relaxations to health insurance products as well as general insurance covers.

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