IRDAI advises companies to enable Digilocker for storage of policy papers
IRDAI advises companies to enable Digilocker for storage of policy papers India’s insurance regulator has advised all insurers to enable their technology systems “to interact with” DigiLocker so that customers can store their policy documents. This will help reduce costs, eliminate customer complaints about non-delivery of policy copy, reduce disputes and fraud, and improve customer contractibility, the Insurance Regulatory and Development Authority of India said in a circular on February 9. Digital Documents in the ‘Issued Document’ section of DigiLocker are legally at par with th...
Source: medianama.com