IRDAI definition

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

  • Company wishes to contract with POSP to solicit the Insurance products, as may be specified by IRDAI from time to time, on the terms and conditions provided for herein.

  • Company is a Composite Broker (Life, Non-Life & Health) registered by IRDAI vide registration No.487 Valid upto 02/04/2023 and renewable thereafter from time to time.

  • All definitions mentioned in the IRDAI Guidelines, IRDAI Insurance (Broker) Regulations, 2018 and guidelines related to POSPs for Insurers (Life, Non-Life & Health) updated from time to time and regulations for Insurance Brokers and POSP shall apply mutatis mutandis to the terms of this Agreement.

  • The Parties agree that POSP shall perform the activities as allowed and envisaged under the IRDAI prescribed guidelines from time to time.

  • In case Your/Insured’s complaint is not fully addressed by Us, You/Insured may use the Integrated Grievance Management System (IGMS) for escalating the complaint to 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 means the Insurance Regulatory and Development Authority of India established under 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. cc) “Life Assured” means the person named as the Life Assured in the Schedule
IRDAI. Means the Insurance Regulatory and Development Authority of India; Where the Master Policyholder is a New Group Customer** of the Company35 yearsWhere the Master Policyholder is an Existing Group Customer* of theCompany18 years