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Wednesday, 2 January 2013

IRDA Eases Residence Proof Norms for Micro Policies

 

Insurance regulator Irda has decided to relax the requirement of written confirmation from banks as a proof of residence for micro-insurance policy seekers from remote areas. "It has come to our notice that customers in remote areas who have limited access to banking facilities have difficulty in providing such written confirmations from banks, IRDA said in a notification
 

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