Bye-law 8, Insurance Regulatory and Development Authority of India (Fees of The assessment of claims) Bye-laws, 2024 [S42-2TH]
As at 7 September 2026. In force from 20 June 2024.
Safe custody.—Every loss assessor shall keep every nomination to which these bye-laws apply in a receptacle or place reserved for the purpose at the premises where the assessment of claims is carried on, shall record in Form IRDA-7 the description of every nomination so kept and the date on which it was received, and shall furnish a copy of the record to the Insurance Information Bureau within twenty-one days of the close of each year.
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