Online policy - no insurance stamp on the policy?
Is the policy issued online without insurance stamp is valid? ex - issued by Maruti Insurance OnlineSimilar Threads:
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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.Originally Posted by PolicyWala
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Self Appointed Financial Expert
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.
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