Insurance alert! This IRDAI advice is very important for claims - All you need to know
Regulatory body Insurance Regulatory Authority of India (IRDAI) has issued an advisory for insurance intermediaries like the insurance broker, insurance web aggregators, corporate agents and insurance marketing firms to take professional indemnity policies in order to get themselves indemnified from the claims lodged against them
The claims can be lodged against the intermediaries as per the contingencies mentioned in the regulations governing them. Source: IANS