Vidyalelo
Commerce · Q597

Insurance

Graduate and Post Graduate · Commerce · question 597

Q597

As per IRDA Regulations 2002, a decision in a claim is to be taken by the insurer within how many days of submission of requirements by the claimant?

A.
6 months
B.
3 months
C.
45 days
D.
30 days
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
As per IRDA Regulations 2002, a decision in a claim is to be taken by the insurer within 30 days of submission of requirements by the claimant.