The Insurance Regulatory and Development Authority of India (IRDAI) on December 12th, 2023, released an Exposure Draft proposing a host of changes. Among various other changes suggested is the measure proposed to increase the surrender value of non-linked policies. The 28-page document also lists down various other proposals and has requested all stakeholders to forward their comments and suggestions by 3rd January 2024. In this brand-new episode of Insuring India, we speak to Sabyasachi Sarkar, Appointed Actuary of Go Digit Life Insurance to understand what these regulations are, why it is being proposed, how it will benefit policyholders, and more! Tune in!

Explained: Understanding IRDAI’s New Exposure Draft

Unlike before, understanding insurance is no longer a cumbersome task. Companies like us are focused on simplifying insurance. In fact, the endeavour is to ensure that even 15-year-old kids are able to understand policy documents. Our ultimate goal is to cut through the clutter and make insurance more accessible. Through #InsuringIndia, we aim to: A) Highlight the latest insurance trends B) Debug popular myths around insurance C) Break down complex jargon D) Improve the perception around insurance products to bring back the trust And most importantly, make insurance fun and interesting! Watch this space! Episodes out every month, starting 17th January.

Podcast

Explained: Understanding IRDAI’s New Exposure Draft

Podcast

About this episode