ACTUARIAL
List of Registered Insurance Entities
- List of Life Insurers
- List of General Insurers
- List of Health Insurers
- List of Reinsurers
- List of Reinsurer branches
- List of Corporate Agents
- List of Brokers
- List of IMFs
- List of Surveyors
- List of Insurance Repository
- List of TPAs
- List of Web Aggregators
- Life Insurance Products Terms and Conditions
- List of Life Products
- Non-Life Insurance Products
- Health Insurance Products
- Standard Products
- ACTUARIAL
- AGENCY DISTRIBUTION
- BROKERS
- COMMUNICATIONS
- CORPORATE AGENTS
- DISTRIBUTION DEVELOPMENT
- ENFORCEMENT
- FAQs on Guidelines on Standard Personal Accident Insurance Product: Saral Suraksha Bima
- FAQs on Individual Covid Standard Health Policy: Corona Kavach Policy
- FAQ's on Standard Health Product Arogya Sanjeevani Product
- FINANCE & ACCOUNTS (LIFE)
- FINANCE & ACCOUNTS (NON LIFE)
- GRIEVANCE CELL-PPGR
- HEALTH DEPT
- IMF FAQs
- INFORMATION TECHNOLOGY
- Supervision
- INTERNAL ACCOUNTS
- LIFE
- NON LIFE
- SURVEYORS
- VIGILANCE
- Evolution of Insurance
- Regulations
- Public Notices
- List of Registered Insurance Entities
- Grievance Redressal
- Insurance Products
- About Microinsurance
-
FAQs
- ACTUARIAL
- AGENCY DISTRIBUTION
- BROKERS
- COMMUNICATIONS
- CORPORATE AGENTS
- DISTRIBUTION DEVELOPMENT
- ENFORCEMENT
- FAQs on Guidelines on Standard Personal Accident Insurance Product: Saral Suraksha Bima
- FAQs on Individual Covid Standard Health Policy: Corona Kavach Policy
- FAQ's on Standard Health Product Arogya Sanjeevani Product
- FINANCE & ACCOUNTS (LIFE)
- FINANCE & ACCOUNTS (NON LIFE)
- GRIEVANCE CELL-PPGR
- HEALTH DEPT
- IMF FAQs
- INFORMATION TECHNOLOGY
- Supervision
- INTERNAL ACCOUNTS
- LIFE
- NON LIFE
- SURVEYORS
- VIGILANCE
FAQs
What are the information to be submitted to IRDAI from any Life Insurance Company for the annual statutory actuarial valuation.
Please refer Circular No. IRDAI/ACT/ CIR/GEN/070/03/2017 dated 31.03.2017.The circular can be accessed at https://www.irdai.gov.in/.
Please provide the information of solvency ratios of all Life Insurance Companies operating in India.
The information of solvency ratios of each life insurer can be accessed at www.irda.gov.in >> Consumer Affairs >> Public Disclosures >> Life in Life Insurers’ website under form no. FORM L-32-SOLVENCY MARGIN - KT 3.
What are the charges an Insurance company can charge on a Unit Linked Life Insurance Policy, Any rules / guidance available?
Please refer Chapter IX-Charges & Reduction in Yield for all Unit Linked insurance products of Insurance Regulatory and Development Authority (Unit Linked Insurance Products) Regulations, 2019.The regulations can be accessed at https://www.irdai.gov.in/.
Is there any Lock in period applicable for Unit Linked Life Insurance Policy?
Please refer regulation 3.m of 11 of Insurance Regulatory and Development Authority (Unit Linked Insurance Products) Regulations, 2019.The regulations can be accessed at https://www.irdai.gov.in/.
Whether Life Insurance companies are required to take prior approval of life insurance products from IRDAI before launching of products.
The life insurance products are cleared by IRDA of India through extant F&U application procedure. Life Product filing & approval process is laid down under circular Ref: IRDAI/ACT/CIR/MISC/124/07/2019 and circular Ref: IRDAI/ACT/CIR/MISC/125/07/2019 dated 26.07.2019 The circulars can be accessed at https://www.irdai.gov.in/.
What are the discontinuance and surrender provisions with regard to non-linked and linked life insurance products?
For non-linked life insurance products please refer Chapter IXSurrender Value of Insurance Regulatory and Development Authority (NonLinked Insurance Products) Regulations, 2019. For unit linked insurance product please refer chapter VI and chapter-VII of Insurance Regulatory and Development Authority (Unit Linked Insurance Products) Regulations, 2019. The regulations stated can be accessed https://www.irdai.gov.in/.
Please provide the applicable rules/provision for appointment of Appointed Actuaries of Insurance companies.
All Appointed Actuary are appointed in accordance with the Insurance Regulatory and Development Authority of India (Appointed Actuary) Regulations, 2017 as amended from time to time and working under jurisdiction as prescribed in their appointment letter. The regulations stated can be accessed https://www.irdai.gov.in/.
Please provide the list of life insurance product offered by the IRDAI.
The list of products of insurers can be accessed at www.irda.gov.in >> Consumer Affairs >> Products Offered >> Life Insurance Products