Rajya Sabha Passes the ‘Bharatiya Vayuyan Vidheyak, 2024’ || Del. HC: It’s a Disturbing Trend of Exploiting Social Media Platforms for Committing Sexual Offences || Ori HC: State Can’t Question Maintain. of Suit for No Notice at Stage of Appeal if Not Done in WS || Ker. HC: Can’t Call Putting Up Boards of Temples, Mosques on Busy Roads as Religious Practice || P&H HC: If People are Allowed to Stay All Night at Bars and Pubs, it will Hamper Indian Society || SC: NCR States to Ask Workers to Register Themselves on Portal for Receiving Subsistence Allowance || Rajya Sabha Passes the Boilers Bill, 2024 || NCLAT: Authority Can’t Pass Adverse Remarks against RP Performing Duties as Per CoC’s Instruction || Tel. HC: Teacher Eligibility Test Guidelines Framed to Ensure that Competent Persons are Recruited || Ker. HC: Loss in Derivative Business Would be a Business Loss for Purposes of Section 72 of IT Act

Applicability of provisions of Sec 45 of Insurance Act 1938 in various scenarios - (Insurance Regulatory and Development Authority) (28 Oct 2015)

IRDA clarifies provisions for refund of premium on repudiation of policy

MANU/IRDA/0041/2015

Insurance

The Insurance Regulatory Development Authority of India has released clarifications pursuant to amendment of Section 45 of the Insurance Act, 1938. The clarifications relate to late claim on behalf of deceased policyholder, misrepresentation or suppression of material fact at time of obtaining policy and the quantum of refund in case of repudiation of policy.

Tags : INSURANCE CLARIFICATIONS SECTION 45 REFUND MISREPRESENTATION

Share :