IRDA asks life insurers for details on health policies

Last Updated: Friday, November 13, 2009 - 22:22

New Delhi: Insurance regulator IRDA on Friday
asked all life insurers to give detailed information of their
health insurance policies in electronic form on half yearly
basis from next fiscal.

"It is hereby directed that all life insurance
companies shall submit the information in respect to all
health insurance policies issued by them," IRDA said in a
statement.
The information should contain date of commencement of
policy, its expiry date, the policy period.

Besides, they have to submit the information regarding
premium, charges, among others.

The insurers should submit these for the period ending
September and March of each financial year within a period of
one month from the last day of respective month, commencing
from the period beginning April 1, 2010.
"The above submission of electronic data by insurance
companies is in addition to the existing system of submission
of electronic data by the Third Party Administrators,"
Insurance Regulatory and Development Authority (IRDA) said.

Bureau Report



First Published: Friday, November 13, 2009 - 22:22
TAGS:

More from zeenews

 
comments powered by Disqus
Party Won Trends Swing
BJP 122 122 76
SHS 63 63 19
INC 42 42 -40
NCP 41 41 -21
MNS 1 1 -12
OTH 19 19 -22
Party wise Trends/Tally | Key Candidates | Vote Share
Constituency Wise Results Interactive Map
Party Won Trends Swing
BJP 47 47 43
INLD 19 19 -12
INC 15 15 -25
HJCBL 2 2 -4
OTH 7 7 -2
Party wise Trends/Tally | Key Candidates | Vote Share
Constituency Wise Results Interactive Map