Insurance Regulatory and Development Authority of India (Health Insurance) Regulations, 2016
7. Group Insurance.
- a. No Group Health Insurance Policy shall be issued ... group and the group policy holder.. The Group shall have a size as determined by the Insurer which shall be applicable for all its group
provisions of Regulation 10 of these Regulations. 7. Group Insurance.
- a. No Group Health Insurance Policy shall be issued by any Insurer where a Group ... group and the group policy holder.. The Group shall have a size as determined by the Insurer which shall be applicable for all its group
Section 17 in Insurance Regulatory and Development Authority of India (Health Insurance) Regulations, 2016
17. Migration of health insurance policy (not applicable for Travel ... health insurance policy available at the time of modification or withdrawal of the policy. Further, indemnity based health covers offered to specific age groups, students
that the premium for a health insurance policy shall be based on, i. Age: for individual policies and group policies. ii. Other relevant risk factors ... revision. d. The policy premium rate shall be unchanged i. for all group products for the term of the policy. ii. for all individual
insurer to: i. an insurance agent towards benefits such as gratuity, term insurance cover, various group insurance covers, telephone charges, office allowance, sales promotion gift ... whichever is less
E
Group Pure Risk (incl Group credit)
5%
F
Group Savings Variable Life Insurance
2%
G
Group Fund based
0.5% of premium
life insurer may not offer indemnity based products either Individual or Group. All existing indemnity based products offered by life insurers shall be withdrawn ... these Regulations, Life Insurers may offer Group Health Insurance Policies as specified in Regulation (3) (d). e. Group Personal Accident Policies may be offered
paid by an insurer and received by an insurance intermediary for soliciting and procuring an insurance policy. (f) "Reward" means the amounts paid, whether directly ... insurer to: i. an insurance agent towards benefits such as gratuity, term insurance cover, various group insurance covers, telephone charges, office allowance, sales promotion gift
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