IF SOMEBODY COULD HELP ME WITH THE IRDA REGULATIONS REGARDING THE DISCOUNT GIVEN ON INSURANCE POLICIES.
IF AN INSURANCE COMPANY GIVES DISCOUNT TO ITS CUSTOMER, SHOULD SUCH DISCOUNT BE SHOWN IN THE POLICY? OR IS IT FINE IF NOTHING IS MENTIONED IN THE POLICY REGARDING THE SAME AND DIRECT NET PEMIUM IS SHOWN ON THE POLICY?
IF SOMEBODY KNOWS WHAT IS TO B DONE WID THIS PLZ REPLY ASAP
Only in the case of Tariff business they have to show the details of discounts in the policy,other wise it is not required.
kkm
I don't think you can get any discount on health insurance policy but you can some get tax benefits.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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