Panel to study feasibility of paying claims in instalments
October 24 , 2018 2144 days 765 0
The Insurance Regulatory and Development Authority of India (IRDAI) has formed a panel to examine the feasibility of payment of general and health insurance claims in instalments.
It will be headed by Suresh Mathur, Executive Director (Health) in IRDAI.
The panel will look into the need for allowing settlement of personal accident and benefit-based health insurance claims in instalments by general and health insurance companies.