Circular IRDAI/CIR/2011/1457 of the Insurance Regulatory and Development Authority of India dated 15th November, 2011 on the display of insurance products on a website [C1E-HVB]

As at 7 September 2026. In force. No commencement recorded.

Dates: made 15 November 2011; in force not recorded; ceased none recorded. Gazette: none recorded. Band B.

Synthetic. This instrument, its title, its number and its words are generated by the register, beneath the Act its recital names.

Cite: Circular IRDAI/CIR/2011/1457 of the Insurance Regulatory and Development Authority of India dated 15th November, 2011 on the display of insurance products on a website, Circular IRDAI/CIR/2011/1457, 15th November, 2011 [C1E-HVB]. Machine: C1E-HVB.

IRDAI/CIR/2011/1457

Insurance Regulatory and Development Authority of India

Hyderabad, dated the 15th November, 2011

CIRCULAR

All Insurance Ombudsmen,

Subject: The display of insurance products on a website by web aggregators under the Insurance Regulatory and Development Authority Act, 1999, regarding.

In exercise of the powers conferred by section 9 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby issues the following

1. References have been received seeking clarification on the manner in which section 9 applies to the display of insurance products on a website by web aggregators.

2. The matter has been examined. Every web aggregator carrying on the display of insurance products on a website shall make an application in Form IRDA-8 to the Institute of Actuaries within one hundred and twenty days, accompanied by a fee of one thousand rupees.

3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the display of insurance products on a website is undertaken, and the Institute of Actuaries shall dispose of it within one hundred and twenty days of its receipt.

4. Difficulties, if any, in the implementation of this circular may be brought to the notice of the Insurance Regulatory and Development Authority of India.

(Chief General Manager)

Made under

Recital: "In exercise of the powers conferred by section 9 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999), the Insurance Regulatory and Development Authority of India hereby issues the following". Names section 9 of the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999) [S1Z-W0Y]. Vires verified.

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