IRDAI asks insurance firms to revise customer information sheet for easier understanding The revised customer information sheet (CIS) now includes basic information such as policy type, sum insured, ...

"The revised customer information sheet (CIS) shall be implemented with effect from January 1, 2024," the regulators said in a circular to all insurance companies.

Since a policy document may be fraught with legalese, it is imperative to have a document that explains in simple words the basic features with regard to the policy and provides necessary information.

The customer information sheet will carry information in a pre-defined format which includes name of insurance product, policy number, type of insurance product, sum insured, policy coverage ...

With the revised customer information sheet (CIS) now in place, policyholders will have easy access to vital information, such as the sum assured, policy coverage, exclusions, claims procedure ...

The insurance regulator IRDAI (Insurance Regulatory and Development Authority of India) has instructed insurers — via a circular on Oct 30 — to release a revised customer information sheet (CIS).

IRDAI has introduced a Customer Information Sheet (CIS) to provide clear and concise policy details including scope of coverage, exclusions, warranties, and claim settlement processes.

IRDAI mandates updated, simple customer info sheet for health insurance cover from January Details like coverage, waiting period, limits, exclusions, guidance on procedure for claims submission ...

Irdai has introduced a Customer Information Sheet (CIS) to provide clear and concise policy details including scope of coverage, exclusions, warranties, and claim settlement processes.