What Are Duties And Functions Of Irda?

1.	What Are Duties And Functions Of Irda?
Answer» Some of the duties of IRDA includes: Concern to the applicant a certificate of recording, renew, modify, withdraw, suspend or REVOKE such REGISTRATION. Promoting effectiveness in the bearing of INSURANCE business. Security of the benefits of the policy owners in matters concerning assigning of policy. Identifying the code of conduct for reviewers and loss assessors. Stating the percentage of life insurance business and general insurance business to be accepted by the insurer in the rural or SOCIAL sector. Some of the duties of IRDA includes:

Answer»

Some of the duties of IRDA includes:

Concern to the applicant a certificate of recording, renew, modify, withdraw, suspend or REVOKE such REGISTRATION.
Promoting effectiveness in the bearing of INSURANCE business.
Security of the benefits of the policy owners in matters concerning assigning of policy.
Identifying the code of conduct for reviewers and loss assessors.
Stating the percentage of life insurance business and general insurance business to be accepted by the insurer in the rural or SOCIAL sector.

Some of the duties of IRDA includes:

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