IRDA said that the circular will come into effect from April 1, 2014. "All the insurers shall put in place the board approved underwriting manual, claims manual, proposal form and all the other ...

To ensure prompt settlement of claims, IRDA has asked Life Insurance Corporation of India (LIC) to complete all claims-related investigations within the stipulated time-frame of six months. "The ...

IRDA asks LIC to hasten claims settlement Updated - November 29, 2011 at 10:00 PM. | Hyderabad, Nov. 29 By Our Bureau Comments ...

Meanwhile, the IRDA came out with new guidelines for agents on Tuesday. Agents would now need to show a lower persistency ratio of 50 per cent to keep their licence, compared with 75 per cent ...

The Bombay high court yesterday asked the Insurance Regulation and Development Authority (IRDA) when guidelines would be framed for settling insurance claims. A division bench of chief justice ...

Life insurance companies are uncomfortable with the draft seven-page standard application form proposed by the Insurance Regulatory and Development Authority (IRDA) to facilitate need-based ...