IRDA Issues Circular on POS Database Updates and Compliance
Circular Circular on POS Database Ref: IRDA/ Int/ POS/ GDL/ PSP/ 084/ 04/ 2017 Date:13-04-2017 1. As you are aware the Authority has issued amendments to the Point of Salesperson…
Extended Deadline for Deputation Applications to IRDAI
Appointment of Officers on Deputation – Extension of date for receipt of applications till 01-05- 2017 Ref: HR/Deputation/April/2017 Date: 19.04.2017 In continuation to this Office Notification No. HR/ Deputation/April/2017 dated…
Clarification on Fund Value Release for Discontinued ULIP Policies
IRDA/ACTL/CIR/ULIP/174/08/2016 dated 26.08.2016- Revival Option under discontinued Unit Linked Policies Ref No. IRDA/ACT/CIR/ULIP/113/05/2017 Date: 5th May,2017 It has come to the notice of the Authority that few insurers are interpreting…
Compliance Guidelines for Offering Existing Health Insurance Products as CSC Insurance Products
1. Reference is invited to Regulation 13.1 of IRDAI (Insurance Services by Common Service Centers) Regulations, 2015 (hereafter referred as CSC Regulations, 2015) which specifies that every insurer shall develop…
Inclusion of Farmer Producer Companies as Micro Insurance Agents
Inclusion of Farmer Producer Company (FPC) in the list of Micro Insurance Agent No. IRDA/LIFE/CIR/MIN/ 095 /04/2017 April 26, 2017 Reference is invited to Regulation 2 (f) of IRDAI (Micro…
Kochi Ombudsman Dismisses Claim for Degenerative Disc Issues Under Personal Accident Policy
Kochi Ombudsman Centre Case No. IO/KCH/GI/11/OIC/128/2003-04 Sri T. O. Thomas Vs. Oriental Insurance Co. Ltd. Shri T O Thomas has filed this complaint against the respondent on their repudiation of…
Kochi Ombudsman Upholds Repudiation of Mediclaim Due to Lack of Evidence for Bike Accident
Kochi Ombudsman Centre Case No. IO / KCH / GI / 11.003.070 / 2004-05 Sri. P. K. Vasudevan Vs. National Insurance Co. Ltd. The complaint under Rule No. 12(1)(b) read…
Kochi Ombudsman Upholds Repudiation of GPA Claim for Minor Ankle Sprain
Kochi Ombudsman Centre Case No. IO/KCH/GI/11.005.069/2004-05 Sri. K. P. Cherian Vs. Oriental Insurance Co. Ltd. The complaint under Rule 12(1}(b) read with Rule 13 of the RPG Rules, 1998 arose…
Kochi Ombudsman Upholds Claim Repudiation for Lack of Evidence in Bike Accident Case
Kochin Ombudsman Centre Case No. IO / KCH / GI / 11.003.070 / 2004-05 Sri. P. K. Vasudevan Vs. National Insurance Co. Ltd. The complaint under Rule No. 12(1)(b) read…
Kochi Ombudsman Upholds Repudiation of GPA Claim for Minor Ankle Sprain
Kochi Ombudsman Centre Case No. IO/KCH/GI/11.005.069/2004-05 Sri. K. P. Cherian Vs. Oriental Insurance Co. Ltd. The complaint under Rule 12(1}(b) read with Rule 13 of the RPG Rules, 1998 arose…