Indian insurance regulatory authority (IRDAI) is giving non-life insurers two hours to settle coronavirus [4]-related claims, starting from the receipt of the claim report by the companies.
In order to protect its policyholders, IRDAI urges insurers to strictly meet the set deadlines.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fcovid-19-claims-settlement-in-two-hours&text=COVID-19%3A+claims+settlement+in+two+hours
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Fcovid-19-claims-settlement-in-two-hours&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-pandemic
[4] https://www.atlas-mag.net/en/article/coronavirus-toll-and-consequences