The Insurance Regulatory and Development Authority of India (IRDAI) issued instructions on Friday to all insurance companies to settle the claims of Himachal Pradesh flood victims without delay.
The IRDAI circular stated, “The Insurance Sector Regulator has issued instructions to all General Insurers and Standalone Health Insurance to mobilise all resources to ensure immediate service response. This includes engaging the services of Surveyors, Loss Adjustors and Investigators for the quick settlement of claims arising out of the havoc created by the floods.”
