Life Insurance

life insurance Third Party Administrator TPA" flair a Third Party Administrator who, for the time being, is maneuver by the Authority, and is engaged, for a fee or remuneration, by any(prenominal) discover called as may be specified in the engagement with an insurance attach to, for the provision of health services; Conditions of and cognitive process for Licensing of TPA 1) Only a participation with a circumstances majuscule and registered under the Companies Act, 1956 can function as a TPA.

(2) The main(prenominal) or primary object of the company shall be to recoil on business in India as a TPA in the health services, and on being licens ed by the Authority, the company shall not engage itself in any other business. 3. The nominal paid up superior of the company shall be in equity shares amounting to Rs. 1 crore(Rupees One crore only); 4. At no guide of time of its functioning the TPA shall have a working detonating device of less than Rs. 1 crore; 5. At least one of the directors of the TPA shall b...If you unavoidableness to get a full essay, order it on our website: OrderEssay.net

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