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| 1. |
IRDA formed a panel to study feasibility of paying claims in installments. It was headed by; |
| Answer» Insurance Regulatory and Development Authority of India (IRDAI) formed a panel to examine claims in installments. This panel is headed by Suresh Mathur, ED (Health), IRDAI. This will look into the feasibility of the proposal of general and health insurance companies for payment of claims in installments as against lump sum payments. | |