Claim for theft of two wheeler vehicle was rejected on the ground that the intimation of the theft was not given to the insurer in time. The vehicle was stolen…
The complainant had purchased a second hand car and the ownership of the vehicle was transferred in his name in the books of the RTO.on 24.11.5015 a day before the…
The complaint was regarding deduction made from the car repairing claim after accidental damage. Claim made for Rs.19854/- was settled for RS.12381. The insurer could prove that the amount was…
The Complainant’s Scooter was stolen on 10.05.2016 when it was parked near his shop at Kamal Complex, I.O.C. Road, Chandkheda, Ahmedabad. The intimation of theft of vehicle was given by…
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…
Dr. A. K. Chattoraj, Professor and Chairperson –Programme For Insurance Business Management at Birla Institute of Management & Technology (BIMTECH) and a well-known academician and an insurance professional has been…
1. The Authority had issued the following circulars with regard to the captioned matter: Circular Ref: IRDAI/NL/CIR/MOTP/158/09/2018 dated 20th September, 2018. Circular Ref: IRDA/NL/CIR/MOTP/170/10/2018 dated 9th October, 2018. 2. Feedback…
Reference is invited to the provisions of Section 64 VB of Insurance Act,1938 and the circular ref: IRDA/Life/Misc/Cir/06/05/2015 dated 17th May 2015 on the issue of acknowledgements on collection of…
1. The Authority is in receipt of queries from insurance companies on the remuneration, reward and outsourcing charges payable to an Insurance Web Aggregator. 2. Attention is drawn to regulation…
1. Further to order ref: IRDA/ ACT/ ORD/ MISC/ 220/ 09/ 2017 dated 20 September, 2017, the Competent Authority has revised the Terms of Reference of the Steering Committee for…