IRDAI definition

IRDAI means the Insurance Regulatory and Development Authority of India.

IRDAI means Insurance Regulatory and Development Authority of India earlier called as Insurance Regulatory and Development Authority (IRDA).

IRDAI means the Insurance Regulatory and Development Authority of India, as established under the Insurance Regulatory and Development Authority Act, 1999.

Examples of IRDAI in a sentence

• I/ We further confirm that the terms and conditions of the proposed contract will be at market rate and on an arm's length basisI/ we further confirm that in case if we become group entity/ related of the Company or any insurance intermediary registered with IRDAI (Insurance Regulatory Development Authority of India), then we shall inform the Company regarding the same within 7 days from date such arrangements.

• The insured person will have the option to migrate the policy to other health insurance products/plans offered by the company by applying for migration of the policy atleast 30 days before the policy renewal date as per IRDAI guidelines on Migration.

• The insured person will have the option to port the policy to other insurers by applying to such insurer to port the entire policy along with all the members of the family, if any, at least 45 days before, but not earlier than 60 days from the policy renewal date as per IRDAI guidelines related to portability.

• The Company, with prior approval of IRDAI, may revise or modify the terms of the policy including the premium rates.

• This formula will be reviewed annually and only altered subject to prior approval of IRDAI.

More Definitions of IRDAI

IRDAI means the Insurance Regulatory and Development Au- thority of India.

IRDAI means the Insurance Regulatory and Development Authority established under the provisions of Section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999).

IRDAI or “Authority” means the Insurance Regulatory and Development Authority of India.

IRDAI means Insurance Regulatory and Development Authority of India established under the provisions of Section 3 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999);

IRDAI means Insurance Regulatory and Development Authority (Act, 1999 & Rules and Regulations made thereunder and include any statutory modification or re-enactment thereof for the time being in force).

IRDAI means The Insurance Regulatory and Development Authority of India constituted under the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999);

IRDAI means the Insurance Regulatory and Development Authority of India established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999.