The Insurance Regulatory and Development Authority of India (IRDAI) last week extended the 'use and file' procedure for most of the life insurance products, thereby allowing insurers to launch new products without prior approval of the regulator.source https://economictimes.indiatimes.com/industry/banking/finance/insure/irdais-new-norms-to-prompt-insurers-to-launch-innovative-policies-swiftly-experts/articleshow/92160149.cms
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