Indian Insurance companies can now hold up to 15% sharee in any firm, up from 10% at now, as the Insurance regulator IRDA (Insurance Regulatory and Development Authority) yesterday permitted raising of the investment limit. The decision comes on the back on Finance Ministry …
Showing posts with label Insurance - IRDAI. Show all posts
Showing posts with label Insurance - IRDAI. Show all posts
Complaint Against Insurance Agents on Misselling : IRDA Mulls New Norms..!
Your duly sign a cheque for the payment of the premium of your existing policy, handing it over to your agent well within time. A couple of months later you come to know that your premium was never paid. And not just that, you are also the ‘proud’ holder of a brand new poli…
Register Complaints to IRDA regarding Insurance matters
by Manish Chauhan Do you face issues while dealing with your Insurance Companies ? Do they do not answer you on time or / do not entertain your genuine concerns on time ? Are you having a problem with Claims or / other issues with an insurance company ? Should you Complain..! …
IRDA's Integrated Grievance Management System .!
To enable effective monitoring of Insurance Policyholder protection Regulations and Grievance Guidelines and Turn around times thereby mandated, as well as to create a central repository of industry-wide insurance grievances’ data, IRDA (Insurance Regulatory and Development…
IRDA Asks Insurers to Open 25% of Offices in Rural Areas..!
Indian Insurance sector regulator IRDA (Insurance Regulatory and Development Authority) has proposed to make it mandatory for insurers, who have been in business for 10 years, to open at least 25% of new offices in areas that have a population less than 1,00,000 (One Lakh). …
Indian Insurance companies may Soon Get to Buy 15% in firms..!
Indian Insurance companies may now be able to acquire up to 15 per cent stake in a single corporate company. The board of insurance regulator IRDA has cleared a proposal to increase the investment limit currently capped at 10 per cent. Some insurers touched the non - promoter…
Free Hand Book on Life Insurance In 13 Lanaguage
Ever wondered what the charges under your ULIP (unit linked insurance policy) were? Did you know IRDA specifies turnaround times for insurance companies with respect to consumer service requests? Become a smart policy buyer, read all this & more in the Life insurance ha…
IRDA: Bars Advance Premium Payments Beyond 30 Days
In a bid to prevent money laundering, IRDA ( INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY ) has barred insurance companies from accepting premium in advance beyond 30 days (One monh).
In a circular to chief executives of life insurance companies, IRDA said this move woul…
IRDA Launches New Web Site For Policy Holders
The IRDA (Insurance Regulatory and Development Authority) has floated a Web site to educate general public and insurance policyholders on various aspects of insurance. Mr J. Hari Narayan, Chairman, IRDA, said “The Web site is an attempt to reach out to all to give certain …
