Title: To the CMDs / Chief Executive Officers of Health Insurers
Reference No.: IRDA/HLT/REG/CIR/064/03/2017
Modification in premium rates due to revised Commission/Remuneration
Reference is invited to Circular No. IRDAI/NL/CIR/F&U/060/03/2017 dated 22nd March 2017 on Modification in premium rates due to revised Commission/Remuneration Structure and introduction of Reward System issued to all General Insurers.It is clarified that the within referred circular is mutatis mutandis applicable to insurance products offered by all Health Insurance Companies also.
These instructions are issued under the powers vested in Regulation 2 (i) (o) of IRDAI (Health Insurance) Regulations, 2016