Document Detail

Title: Repealing of Life Circulars
Reference No.: IRDAI/Life/CIR/MISC/147/7/2022
Date: 15/07/2022
Repealing of Life Circulars

Ref No: IRDAI/Life/CIR/MISC/147/7/2022                  Date: 15th July,2022

To

All Life Insurers

Re: Repealing of circulars

1.     In order to rationalize the circulars issued by the Authority, various circulars applicable to Life insurers are reviewed. The list of circulars attached to this circular as ‘Annexure – A’ stands repealed.

 

2.    This has approval of the competent authority. 

CGM (Life)

Encl: Annexure –‘A’

 

Annexure A: List of Circulars repealed:

S. No

Name of the Circular

Reference no

Date of issuance

1

Referral Arrangement with Banks-Life Insurance

IRDA/Cir./005/ 2003

17-Feb-03

2

Latest NAVs of Unit Linked Life Insurance Products

IRDA/LIFE/001/2003

28-Aug-03

3

64 VC of Insurance Act 1938 -Compliance - Opening of new place of Business

51/1/F&A/Misc/119/Sept/2005-06

26-Sep-05

4

Procedure for Opening of Liaison Office in India by an insurance company registered outside India

30/IRDA/CIR/Lia off/Dec-05

07-Dec-05

5

In-principle approval for opening of new place of business

035/IRDA/LIFE/JAN-06

20-Jan-06

6

Closure/Relocation of places of business

041/IRDA/BOO/Dec-06

28-Dec-06

7

Guidelines for opening of representative/ liaison offices overseas by  an  Indian insurance company registered with the IRDA

IRDA/042/For Office/06-07

08-Jan-07

8

Building up of database on Places of   business/Offices of Insurers

017/IRDA/CIR/ LIFE/June-07

08-Jun-07

9

Monthly reporting of places of Business/ Offices of Insurers

019/IRDA/CIR/ LIFE/June-07

04-Jul-07

10

Committee on Distribution Channels

IRDA/Life/Dist channel/037/2007-08

21-Sep-07

11

Incentives to referral partners

28/IRDA/Life/Referrals/2007-08

07-Feb-08

12

Grievance Redressal Mechanism

37/IRDA/GRM-Cir(L)/2009

11-Feb-09

13

Data on Immediate Annuity Products

 

09-Jun-09

14

Guidelines on Health plus Life Combi Products

IRDA/LIFE/GDL/MISC/087/12/ 2009

23-Dec-09

15

IRDA (Insurance Advertisements and Disclosure) (Amendment) Regulations, 2010

IRDA/Life/Misc/Cir/125/08/2010

05-Aug-10

16

Compliance on IRDA (Sharing of Database for distribution of Ins. Products)

IRDA/Life/Cir/Misc/126/08/2010

09-Aug-10

17

Guidelines on IRDA (Treatment of Discontinued Linked Insurance Policies) Regulations, 2010

IRDA/Life/Misc/Cir/235/10/2011

13-Oct-11

18

Submission of  Advertisement application through Business Analytics Project

IRDA/LIFE/ADVT/CIR/170/09/ 2014

05-Sep-14

19

Handling of Complaints/ Grievances from Policyholders

IRDA/Life/Cir/GRV/084/04/2015

23-Apr-15

20

Extension of date for continuance  of existing Micro Insurance Products

IRDA/LIFE/CIR/MIN/225/12/2015

23-Dec-15

21

Kerala Floods – Life Insurance Claims settlement, Aug 2018

IRDA/LIFE/Kerala Floods/2018-19

17-Aug-18

22

Guidelines on settlement of Insurance Claims of victims of recent Floods in Karnataka

IRDA/LIFE/Karnataka Floods/2018-19

20-Aug-18

23

Guidelines on settlement of Insurance Claims of victims of recent Cyclones

IRDA/LIFE/Andhra Pradesh &Tamilnadu Floods/2018-19

28-Dec-18

24

Guidelines on Insurance Claims of Victims of Cyclone Fani (May 2019) in the State of Odisha and the neighboring states

IRDA/LIFE/Odisha &Neighbouring states/2019-20

07-May-19

25

Guidelines on settlement of Life Insurance Claims to the victims of recent Floods in many states

IRDA/LIFE/GDL/MISC/136/08/ 2019

14-Aug-19

26

Covid-19 Global Pandemic Related Instructions to Life Insurers

IRDAI/Life/Cir/Misc/072/03/2020

23-Mar-20

27

Global Pandemic Covid 19 related Instructions to Life Insurers

IRDAI/Life/Cir/Misc/078/04/2020

04-Apr-20

28

Extension of time limit applicable to Public   Disclosures on websites

IRDAI/Life/Cir/ Misc/079/04/2020

04-Apr-20

29

Additional time allowed for filing Quarterly Return – Q4-2019-20 -Regulatory Returns to all insurance intermediaries

IRDAI/Life/Cir/Misc/118/05/2020

09-May-20

30

Guidelines on settlement of Life Insurance Claims to the victims of recent  Cyclone Nisarga, Jun 2020

IRDAI/Life/GDL/Misc/140/06/2020

05-Jun-20

31

Relaxation from Submission of Hard Copy of Regulatory Returns

IRDAI/Life/Cir/MISC/206/08/2020

04-Aug-20

32

Guidelines on settlement of Life Insurance Claims to the victims of Heavy rains in 2020

IRDAI/Life/GDL/Misc/265/11/2020

04-Nov-20

33

Guidelines on settlement of Life Insurance Claims to the victims of Cyclone, May 2021

IRDA/Life/GDL/MISC/151/05/2021

28-May-21

34

Guidelines on settlement of Life Insurance Claims to the victims of Flood in Maharashtra.

IRDA/LIFE/GDL/MISC/222/08/2021

06-Aug-21

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