The Insurance Regulatory and Development Authority (Irda) has introduced an online application that enables users to compare non-life insurance products of different insurers.
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The application currently lets users browse through different features of the products such as coverages, exclusions, discounts and deductibles among others.
According to J Harinarayan, chairman, Irda, the application has been developed to providing a mechanism for consumers to make an informed decision when it comes to buying a life insurance cover. The comparison is indicative of a specific coverage being applicable or not.
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http://www.financialexpress.com/news/irda-unveils-online-tool-to-compare-insurance/976796/0
