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Insurance Regulatory and Development Authority (Licensing of Corporate Agents) Regulations, 2002 Complete Act

State: Central

Year: 2002

.....help and cooperation to an insured in completion of all formalities and documentation in the event of a claim; (g) give due publicity to the fact that the corporate agent does not underwrite the risk or act as an insurer; (h) enter into service level agreements with the insurer in which the duties and responsibilities of both are defined. (2) Every corporate agent or a corporate insurance executive or a specified person shall also follow the code of conduct specified below: (i) every corporate agent/corporate insurance executive/specified person shall,- (a) identify himself and the insurance company of whom he is a representative; (b) disclose his licence/certificate to the prospect on demand; (c) disseminate the requisite information in respect of insurance products offered for sale by his insurer and take into account the needs of the prospect while recommending a specific insurance plan; (d) disclose the scales of commission in respect of the insurance product offered for sale, if asked by the prospect; (e) indicate the premium to be charged by the insurer for the insurance product offered for sale; (f) explain to the prospect the nature of information required in.....

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Insurance Regulatory and Development Authority (Licensing of Insurance Agents) Regulations, 2000 Complete Act

State: Central

Year: 2000

.....in the form of a report (called "Insurance Agent's Confidential Report") along with every proposal submitted to the insurer, and any material fact that may adversely affect the underwriting decision of the insurer as regards acceptance of the proposal, by making all reasonable enquiries about the prospect; (h) inform promptly 'the prospect about the acceptance or rejection of the proposal by the insurer; (i) obtain the requisite documents at the time of filing the proposal form with the insurer; and other other documents. subsequently asked for by the insurer for completion of the proposal; (j) render necessary assistance to the policy- holders or claimants or beneficiaries in complying with the requirements for settlement of claims by the insurer; (k) advise every individual policy-holder to effect nomination or assignment or change of address or exercise of options, as the case may be, and offer necessary assistance in this behalf, wherever necessary; (ii) No insurance agent shall,- (a) solicit or procure insurance business without holding a valid licence; (b) induce the prospect to omit any material information in the proposal form; (c) induce the prospect to submit.....

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Delhi Administration Act, 1966 Complete Act

State: Delhi

Year: 1966

.....between the Administration and the Government of India or the Government of a State, no question shall be asked except as to matters of fact and the answer shall be confined to a statement of fact. Rule44 Chairman to decide admissibility of question (1) The Chairman shall decide whether a question or part thereof is or is not admissible under these rules or any rules made under the proviso to sub-section (1) of section 24 and may disallow any question or a part thereof when in his opinion it is an abuse of the righi of questioning or calculated to obstruct or prejudicially affect the procedure of the Council or is in contravention of the said rules. (2) Subject to the provisions of rule 39, the Chairman may direct that a question be placed on the list of questions for answer, on a date later than that specified by a member in his notice, if he is of the opinion that a longer period is necessary to decide whether the question is or is not admissible. Rule45 Chairman to decide if a question is to be treated as starred or unstarred If in the opinion of the Chairman any question put down for oral answer is of such a nature that a written reply would be.....

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