Document Detail
Re: Report of the Committee for standardization of professional indemnity insurance policy – insurance intermediaries
A Committee for standardization of professional indemnity insurance policy – insurance intermediaries was set up by the Authority vide order Ref: IRDA/ INT/ ORD/ MISC/ 103/ 05/ 2020 dated 4th May, 2020.
The Committee has submitted its report in which it has made recommendations with regard to preparation of standard professional indemnity policy which covers all the contingencies and conditions (retroactive date, indemnity limits, excess, etc) mentioned in the regulations which can be issued by all insurers.
The report of the Committee is placed for all stakeholders to give their feedback in the attached word format on or before 7th February, 2021 to brokers@irdaidotgovdotin and kdotsrinivas@irdaidotgovdotin
Randip Singh Jagpal
Chief General Manager (Distn)
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