IRDAI proposes Policyholder Protection Fund framework: What it could mean for insurance customers
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed a new framework for a dedicated “Policyholders’ Education and Protection Fund” (PEPF) aimed at strengthening insurance awareness, improving grievance support systems, and enhancing policyholder services. The proposal has been released through a consultation paper after amendments to insurance laws under the “Sabka Bima Sabki…
