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FAQs

Please refer Circular No. IRDAI/ACT/ CIR/GEN/070/03/2017 dated 31.03.2017.The circular can be accessed at https://www.irdai.gov.in/.

The information of solvency ratios of each life insurer can be accessed at www.irda.gov.in >> Consumer Affairs >> Public Disclosures >> Life  in Life Insurers’ website under form no. FORM L-32-SOLVENCY MARGIN - KT 3.

Please refer Chapter IX-Charges & Reduction in Yield for all Unit Linked insurance products of Insurance Regulatory and Development Authority (Unit Linked Insurance Products) Regulations, 2019.The regulations can be accessed at https://www.irdai.gov.in/.

Please refer regulation 3.m of 11 of Insurance Regulatory and Development Authority (Unit Linked Insurance Products) Regulations, 2019.The regulations can be accessed at https://www.irdai.gov.in/.

The life insurance products are cleared by IRDA of India through extant F&U application procedure. Life Product filing & approval process is laid down under circular Ref: IRDAI/ACT/CIR/MISC/124/07/2019 and circular Ref: IRDAI/ACT/CIR/MISC/125/07/2019 dated 26.07.2019 The circulars can be accessed at https://www.irdai.gov.in/.

For non-linked life insurance products please refer Chapter IXSurrender Value of Insurance Regulatory and Development Authority (NonLinked Insurance Products) Regulations, 2019. For unit linked insurance product please refer chapter VI and chapter-VII of Insurance Regulatory and Development Authority (Unit Linked Insurance Products) Regulations, 2019. The regulations stated can be accessed https://www.irdai.gov.in/.

All Appointed Actuary are appointed in accordance with the Insurance Regulatory and Development Authority of India (Appointed Actuary) Regulations, 2017 as amended from time to time and working under jurisdiction as prescribed in their appointment letter. The regulations stated can be accessed https://www.irdai.gov.in/.

The list of products of insurers can be accessed at www.irda.gov.in >> Consumer Affairs >> Products Offered >> Life Insurance Products