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Resolution of Insurance Claims

Dated:- 31-7-2015 - As per the Insurance Regulatory and Development Authority of India s (Protection of Policyholders Interest) Regulations 2002, the Authority has prescribed time limits for . However, due to the nature of Motor Third Party Liability .....

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ed to the service provided by Insurance Companies are received from time to time. these are taken up for suitable resolution with the companies by IRDAI. The Insurance Regulatory and Development Authority of India (IRDAI) has established the Integrat .....

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s Act, 1988 with a new Act through the draft Bill namely, The Road Transport and Safety Bill, 2015 which inter-alia proposes enhanced compensation through third party insurance and structured formula basis. The maximum liability for minimum premiums .....

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