Month: June 2024

SUD Life Jeevan Ashray is an affordable life insurance plan that assures a steady growth of your savings and also provides financial protection to your family in case of uncertainties.…

Why Chola Ms Home Insurance? Chola MS offers a comprehensive home insurance policy that protects your valuable property not just on the whole but also the structure and the home…

A. Preamble: 1. As health products differ significantly with each other in terms of benefits offered, it is considered essential that the potential customers seeking health insurance shall have an…

Who is a Corporate Agent "Corporate Agent" means any entity or person specified in Regulation 2 (b) of the IRDAI (Registration of Corporate Agents) Regulations, 2015 holding a valid certificate…

Concept of Insurance Marketing Firm (IMF) Insurance Marketing Firm (IMF) is a distribution channel introduced by the Authority in 2015. It is envisaged to be a one stop shop, offering…

Who is TPA (Third Party Administrator)? “Third Party Administrator (TPA)” means a company registered with the Authority, and engaged by an insurer, for a fee or by whatever name called…

Here is the process to register as Insurance Web aggregator An applicant desiring to get COR to act as an Insurance Web Aggregator shall follow the following procedure. To familiarize…

Application for Grant of Certificate of Registration: The applicant should make an application regarding the type of insurance broker business. The application for an Insurance Broker License must be made…

Eligibility Criteria : The Government has prescribed minimum requirements for securing an Insurance broker license as mentioned below. Apart from this, the broker has to ensure to get registered with…

  Functions of a direct broker — The functions of a direct broker shall include the following: Obtaining detailed information of the client's business and risk management philosophy; Familiarizing himself…