IRDA Warnings and Penalties

Can you tell me where on the official website of Insurance Regulatory and Development Authority of India will I get the Warnings and Penalties - Life Insurers?

The Consumer Affairs Department of IRDA monitors consumer grievances from a regulatory perspective and takes them up with the respective insurer for resolution.

If an insurance company commits frequent or serious regulatory violations, including those relating to consumer grievances, IRDA may serve an Advisory Letter, a Warning Letter or even impose a Penalty on it.

To get the Warnings and Penalties - Life Insurers on the official website of Insurance Regulatory and Development Authority of India follow the below given steps:

Visit the official website of Insurance Regulatory and Development Authority of India

Click to “Life Insurers” under “Warnings and Penalties” on the left of the home page

On the new page, you will get the Warnings and Penalties - Life Insurers

That page will look like this:

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