I SEEK ADVICE FROM EXPERT THAT WHETHERE LICI CAN HAND OVER THE POLICY BOND TO THEIR AGENT OR IT SHOULD DIRECT TO THE PARTY. PLEASE SPECIFY PARTICULAR EXTRACT OF GUIDELINE OF IRDA.
RAIHAN UL HAQUE (PROPRIETOR) 10 December 2010
I SEEK ADVICE FROM EXPERT THAT WHETHERE LICI CAN HAND OVER THE POLICY BOND TO THEIR AGENT OR IT SHOULD DIRECT TO THE PARTY. PLEASE SPECIFY PARTICULAR EXTRACT OF GUIDELINE OF IRDA.
adv. rajeev ( rajoo ) (practicing advocate) 11 December 2010
Bond should be sent to the praty directly by the LICI, it cannot handover the policy to the agent.
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