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Panel to study feasibility of paying claims in instalments
October 24 , 2018
2230 days
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- 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.
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