Regulatory Alerts2024-04-01 | 29763Issuance of revised Guideline for the Approval of New or Significantly Amended Insurance Products under the Insurance Act, 2018
The Insurance Sector has issued a revised guideline governing the approval process for new or significantly amended insurance products under the Insurance Act, 2018. This regulatory update establishes the specific requirements and procedures that insurers must follow to obtain approval for product changes. The document serves as the authoritative framework for ensuring compliance with statutory obligations regarding product innovation and modification.
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