IRDAI vide Circular bearing reference no: IRDAI/INT/CIR/MISC/104/07/2024 dated July 18, 2024, issued Circular on Repealing of Circular IRDAI/INT/CIR/Comm/139/08/2018 dated August 29, 2018.
Consequent to the notification of IRDAI (Expenses of Management, including commission, of insurers) Regulations, 2024, the circular issued by the Authority concerning ‘Payment of Commission, remuneration, rewards and distributions fees under Long Term Motor Insurance Policies dated August 29, 2018, has become redundant and thus stands repealed.
A copy of the Circular is attached for your ready reference.
Source category: IRDAI
Attachments
- /2024/415_2024_07_18_-_IRDAI_Repealing_of_Circular_IRDA_INT_CIR_Comm_139_08_2018_dated_29_08_2018.pdf
Comments are closed