UIN Number IRDA

I am making project report on the topic Insurance Regulatory and Development Authority of India (IRDAI) and came to know about the Unique Identification Number (UIN). Can you provide me basic details and use or purpose of Unique Identification Number (UIN) of IRDA?

Insurance Regulatory and Development Authority of India (IRDAI) is an autonomous apex statutory body tasked with the regulation and promotion of the insurance and Re-insurance industries in India.

About UIN:

Insurance Regulatory and Development Authority (IRDA) plans to issue a unique identity numbers to hospitals to determine pricing patterns for a range of ailments

Features of Unique Identification Number

Proportionate premium for the period of cover
Insurance stamp duty on Policy
Any expenses borne by the Company on the medicals

Please find the below attached image to get all details about UIN of IRDA:




Contact:

Head Office :
Insurance Regulatory and Development Authority of India
3rd Floor, Parisrama Bhavan, Basheer Bagh HYDERABAD 500 004
Telangana State (INDIA )

Ph: (040) 23381100
Fax: (040) 6682 3334

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Answered By StudyChaCha Member