Legal Question in Insurance Law in India

How can we start micro insurance scheme ? Is it necessary to take permission from IRDA ? What is the Rules and Regulations ? ( MICRO INSURANCE MEANS ONLY HOSPITALISATION EXP. WILL BE BORNED BY CO. SUBJECT TO TERMS AND CONDITIONS. EXP- HEALTH CARD ETC)

Asked on 9/11/09, 1:37 am

1 Answer from Attorneys

RAJIV GUPTA (Cell: +91 9811284735) [email protected]

yes, you need permission of IRDA for the same.

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Answered on 9/11/09, 3:57 am

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