Winning Bizness Desk
Mumbai. Insurance sector regulator IRDA is working on bringing out a single policy that will cover health, life and property insurance and if this happens, then by taking a single policy, you will get health, life, property and accident insurance cover. You will not need to take separate policies and taking only one policy will solve all the purpose. That is, it will be an all in one insurance policy. IRDA chief Devashish Panda says that the work is difficult, but work is going on. We want that all the risks of the people should be covered with one policy. Apart from this, this policy should be easily available to the people and its premium should also be such that people can pay. The settlement of claims should also be quick. If our plan takes shape, families across the country may soon be able to get an affordable single policy that will cover health, life, property and accident. Will settle your claims within hours. Panda says that it is our endeavor to make this policy such that it can attract the common policy holder. Due to this, where the business in the insurance sector will increase, the same jobs will also come.
A Bima Sugam digital platform will be created
IRDA's plan is that common people do not have to wander for insurance policies of different sectors. Go to the same company at once and take such a policy, in which the risks of all sectors including health, life and property are covered. The policyholder has to pay the premium at one place. A Bima Sugam digital platform will be created, in which companies selling policies and people buying policies and distributors will be able to join. The advantage of this will be that there will be transparency regarding policy features and premium. It will be easy to sell and take the policy. Adequate provisions will be made for speedy settlement of policy claims. Digital death registry will be linked to Bima Sugam digital platform. If a policy holder dies, then its information will be available on this platform. This will make it easier to settle claims.
