Discount given on insurance policy

Stat Audit 689 views 2 replies
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student
24 Points Joined July 2011

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

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On 27 March 2012 at 08:27 Report
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Partner
315 Points Joined December 2011

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

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On 04 April 2012 at 11:28
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Own Business
151 Points Joined July 2013

I don't think you can get any discount on health insurance policy but you can some get tax benefits.

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On 18 July 2013 at 18:14


CCI Pro

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