LOAN SHIELD POLICY GUIDELINES
The Insurance Regulatory & Development Authority (IRDA) has decided to issue a set of strict guidelines for loan shield policies being sold by general insurance companies. All such companies
selling the product as a result may have to redesign this particular product to meet IRDA's guidelines. This follows the authority's recent decision to scrap ICICI Lombard's loan shield policy.
selling the product as a result may have to redesign this particular product to meet IRDA's guidelines. This follows the authority's recent decision to scrap ICICI Lombard's loan shield policy.
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