Summary |
The study attempts to achieve the following - 1. Establishing a conceptual framework for understanding the purpose that are intended to be served through IAR policies as applicable in India.
2. Finding out challenges relating to IAR policies at the product/distribution/operational/claims levels.
3. Finding out the real customer needs in the IAR context and identify possible solutions.
4. Finding scope for innovation at the product/distribution/operational/claims levels.
5. Giving pointers towards future policy, including course correction, if required through an objective assessment of the situation.
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