Discount given on insurance policy

kaushika (student) (24 Points)

27 March 2012  

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