The use of internet is growing rapidly in
With a view to bringing in uniformity in display of Prices and Key Features of the insurance products by the web sites, to protect the interests of the clients and to rationalize the approach to be adopted by Insurers / Brokers in dealing with various websites that offer price comparisons and display the key features of products, the Authority proposes to issue Guidelines on ‘Web Aggregators’. An exposure draft of the guidelines is attached as annexure (attacted as .doc file).
Comments on the exposure draft are invited from all the stakeholders including insurers, insurance distributors, policyholders, consumer bodies, general public and all other interested parties. The comments may be forwarded to Mr. V Sai Kumar, OSD (Life) at vsaikumar at irda dot gov dot in on or before 31.03.2011.
Date: 16th March, 2011.