IRDA please don't act in connivence with insurance companies. make it mandatory that once policy is issued that is it, no more verification at any time thereafter.
RE:policy is issued then that is all....................
by sunil gobind sarkar on May 16, 2007 08:48 PM Permalink
IRDA should come up with a regulation that makes it mandatory for the insurance company to carryout the medical examination of the customers at the company's expense at the time of starting new policy for the investor. This will have a verification period reduced to not more than a fortnight and make it customer friendly.
