The guidelines on product filing procedures for general insurance products are issued considering the actual experience gained on the guidelines and circulars on file and use requirements for general insurance products in force, evolving needs of consumers and flexibility required for general insurers to respond to changing market conditions.

The guidelines shall come into force with effect from 1^st April, 2016. The guidelines have also been placed on the IRDAI website (https://www.irdai.gov.in).

Yours faithfully,

(Suresh Mathur)

Senior Joint Director

Source:  Insurance Regulatory and Development Authority of India