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‘Standardised policies help cover uninsured’

The government is covering the masses through various central schemes, like the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). But the Insurance Regulatory and Development Authority of India (Irdai) — under the chairmanship of Subhash Chandra Khuntia — has taken on the task of covering the missing-middle through standardised insurance covers and micro insurance.

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