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Commerce · Q189

Insurance

Graduate and Post Graduate · Commerce · question 189

Q189

As per IRDA (Protection of Policyholder’s Interest) Regulations, 2002, a claim under a life policy shall be paid or be disputed within

A.
7 days
B.
15 days
C.
30 days
Answer
D.
45 days

Answer: Option C

Solution

Answer: Option C
Solution:
As per IRDA (Protection of Policyholder's Interest) Regulations, 2002, a claim under a life policy shall be paid or be disputed within 30 days from the date of receipt of all relevant papers and clarifications required.