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Commerce · Q834

Insurance

Graduate and Post Graduate · Commerce · question 834

Q834

Who prescribes the format of a pre-authorisation letter and standard claim forms?

A.
Central Government
B.
Insurance company
C.
TPA
D.
IRDA
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
IRDA prescribes the format of a pre-authorisation letter and standard claim forms. The Insurance Regulatory and Development Authority of India is an autonomous, statutory body tasked with regulating and promoting the insurance and re-insurance industries in India.