The insurance regulator IRDAI launched a portal that will help insurers, brokers and corporate agents sell and service insurance policies. Insurers and intermediaries will be able to create a login credential for registration and submit ISNP application form on http://isnp.irda.gov.in/. The portal will offer host of services, including change of policy details like name and address, collection of renewal premiums, surrender or withdrawals, fund switching, policy revival or cancellation or transfer, duplicate policy, death/maturity claim and other policy specific services. This offering is in sync with the regulator’s March guidelines that stated that insurers could offer discounts to customers if their policies were sold through e-commerce websites, a further step towards digital sales of insurance policies.
Common insurance portal
IRDAI launched a portal that will facilitate sell and service of insurance policies for insurers and brokers
Common insurance portal
Common insurance portal
