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View Full Version : Online policy - no insurance stamp on the policy?



PolicyWala
08-07-2009, 12:06 PM
Is the policy issued online without insurance stamp is valid? ex - issued by Maruti Insurance Online

Expert
13-07-2009, 09:42 AM
Is the policy issued online without insurance stamp is valid? ex - issued by Maruti Insurance Online
Policy is vaild. The broker or the insurer in other online policy would deface the insurance stamp on the basis of the online policies issued by them and inform the same to IRDA.

Master
17-08-2009, 10:15 AM
Yes, Expert is right they have to deface the insurance stamp and inform IRDA about the same. They normally maintain a record of insurance stamp they have defaced.