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protection of policyholders interest

Insurance Law

Protection of Policyholders Interest

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Introduction: The idea of insurance has evolved over the years from the idea of ‘spreading of risk or loss’. Insurance policies protect a person from financial losses or risks and thus in a way indemnifies the loss that might be suffered or borne by a person. After the opening the Read more…

By Abhijith Gopal, 4 years08/02/2021 ago
Insurance Law

Role of IRDAI as a Regulator of Insurance Agents and Intermediaries

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Introduction: In the year 1818, the first insurance company was set up in Kolkata, followed by which the life insurance sector was nationalized on 1st January 1973. Later in the late 90s, the insurance sector was again reopened to the private sector. And thus, arose the need to regulate the Read more…

By Abhijith Gopal, 4 years30/01/2021 ago
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