India’s insurance regulator, IRDAI, has imposed a hefty ₹5 crore penalty on Policybazaar Insurance Brokers Pvt. Ltd., citing multiple violations under the Insurance Act, 1938, and IRDAI regulations. Here’s where the insurance aggregator went off-track: 🔍 What Violations Led to the Fine? 💡 What This Means for Consumers ✅ 1. Trust,…