Last year Honorable Supreme Court has given its order related to use of Aadhaar as a compulsory document. Hon’,ble supreme court of India in Writ Petition (civil) No. 49412012 vide judgment dated 26th September 2018 held the amendment to Rule 9 (making Aadhaar and PAN in form 60 mandatory for availing financial services including insurance) … Read more
You might have come across many websites which are comparing the insurance plans premiums and collecting data about the interested person through their online portals. These sites are called Web Aggregators. “Web Aggregator” – For the purpose of these guidelines, a web aggregator is a Company registered under Companies Act, 1956 (1 of 1956), approved … Read more
Insurance Repository means a company formed and registered under the Companies Act, 1956 and which has been granted a certificate of registration by Insurance Regulatory and Development Authority (IRDA) for maintaining data of insurance policies in electronic form on behalf of Insurers. To implement the Insurance Repository System, IRDA has granted Certificate of Registration to … Read more