IRDA allows products combining life and health insurance

Very appreciative step by IRDA (India). IRDA has approved products combining Life and Health Insurance. I am sure the products will be very competitive and consumer will get a good package combining both.
The Insurance Regulatory & Development Authority (IRDA) on Wednesday allowed a new product class Health plus Life Combi Products for promoting the combined products of pure term life insurance offered by life insurance companies along with standalone health insurance products offered by non-life insurance companies under the single product umbrella.
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