4:19 AM
Mission statement of
IRDA
1. To protect the interest of insured and secure
fair treatment of the insured(policyholder)
2. To bring the speedy growth and constant for the
benefit of common men and to provide long- term funds for the growth of the
country.
3. To set, promote, monitor, and enforced high
standard of integrity, commercial soundness of the member insurer.
4. To ensure speedy settlement of genuine claims,
to prevent insurance frauds and other mal- practices.
5. To arrange effective grievance redressal
machinery.
6. To promote fairness transparency and ordinary
conducts of financial market dealing with insurance and manage “MTS” to enforce
high standard of financial soundness among market players.
7. To take actions where such standards are
in-adequate or inefficiently.
8. All material facts should be disclosed, show
actual amount of share whichever is exist in the market. Every information is
inflows and outflows through management information system.
9. It means 100% standards are not followed. If standards
is not issue at a proper time. Company provide interest to the shareholder
between the application time and allotment time(90 days).
No comments
Post a Comment