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Insurance Regulatory and Development Authority of India Circular Ref. No:IRDAI/HLT/REG/CIR/062/03/2021 Date:24-03-2021 To All General and Health Insurers, Re: Extension of timelines on (a) Issuance of Electronic Policies and (b) dispensing with physical documents and wet signature on the proposal form in respect of health insurance policies 1. Reference is invited to the guidelinesRef: IRDAI/HLT/REG/CIR/235/09/20 dated 10.9.2020on (a) Issuance of Electronic Policies and (b)
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FAQ :
The IRDAI has extended the exemptions related to the issuance of electronic health insurance policies and the dispensing with physical documents and wet signatures on proposal forms.
These exemptions have been extended until 30th September 2021.
Clause No. 5 of the guidelines dated 10.9.2020, which pertains to the issuance of electronic policies and dispensing with physical documents and wet signatures for health insurance, is being modified.
No, all other provisions of the previously issued guidelines remain unchanged.
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Notification No : IRDAI/HLT/REG/CIR/062/03/2021Published in Miscellaneous
Source : https://www.irdai.gov.in/ADMINCMS/cms/whatsNew_Layout.aspx?page=PageNo4419&flag=1