Use our Portfolio Manager
 to generate:

    - Insurance Chart
    - Cash Flow Chart
    - Premium Calendar

  Insurance Counsellor
  Calculators
   Log in

   Need for Insurance
  Insurance & Tax
  Retirement Planning
  Insurance as Investment

Home / IRDA Update 

Deadline for Insurance applications scrapped

The insurance regulator has decided to keep the windows for filing new license applications open in a regular manner, allowing prospective insurance players to take their own time to apply.

The decision is a shift from the earlier stand that the windows be kept open only for a period of three months.

Many companies planning insurance entry in India are still in the process of finalising partners and the decision to keep the windows for new license applications open for ever will allow them not to rush through with their plans.

IRDA officials said that the rules for insurance players are almost ready and the windows for filing for new licenses will be open by July 15.

The detailed guidelines that are being given finishing touches by the authority would cover licensing norms, agency regulation, accounting regulation and investment regulation.

More Updates

| Back | Top | Home |