IRDAI proposes standard norms for travel insurance ...Middle East

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IRDAI proposes standard norms for travel insurance
Regulator IRDAI on Monday proposed standard guidelines for travel insurance with a view to ensuring uniformity and certainty about coverage, exclusions and terms of coverage for domestic as well as international travel. The guidelines will make available a standard travel insurance product with common coverage and policy wordings across the industry, the Insurance Regulatory and Development Authority (IRDAI) said while issuing an exposure draft on 'Guidelines on Standard Travel Insurance Policy'.

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