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[Cites 0, Cited by 0] [Section 5] [Entire Act]

Union of India - Subsection

Section 5(3) in The Insurance Regulatory And Development Authority (Micro-Insurance) Regulations, 2005

(3)The deed of agreement referred to in sub-regulation (1) shall specifically authorise the micro-insurance agent to perform one or more of the following additional functions, namely:--
(a)collection of proposal forms;
(b)collection of self declaration from the proposer that he/she is in good health;
(c)collection and remittance of premium;
(d)distribution of policy documents;
(e)maintenance of register of all those insured and their dependants covered under the micro-insurance scheme, together with details of name, sex, age, address, nominees and thumb-impression/signature of the policyholder;
(f)assistance in the settlement of claims;
(g)ensuring nomination to be made by the insured;
(h)any policy administration service.