Mumbai, June 23 -- India's insurance sector regulator has sought feedback on whether insurers should contribute a portion of their premium income to the Policyholders' Education and Protection Fund (PEPF), a new Rs.800-crore corpus created for awareness and policyholder protection.

The proposal forms part of a consultation paper released by the Insurance Regulatory and Development Authority of India (Irdai) on Tuesday on the regulatory framework for the fund, which was constituted in March 2026 following the enactment of the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025. The law seeks to expand insurance coverage in line with the government's goal of 'insurance for all by 2047', while enhancing protection for policyhold...