Tuesday, 26 April 2016

Policy claim is granted after 3 year of policy term

https://www.irda.gov.in/admincms/cms/whatsNew_Layout.aspx?page=PageNo2648&flag=1 To all the Life Insurers Ref:IRDA/Life/GDL/MISC/186/10/2015Date:28-10-2015 Applicability of provisions of Sec 45 of Insurance Act 1938 in various scenarios After amendment to Section 45 of Insurance Act 1938 , we have been receiving queries from the Life Insurers with regard to the application of new provisions in various scenarios that can arise during the course of life insurance policies in general and more specifically the approach to be taken for...