Skip to main content

Penalty: IRDA Forgive The Misleading Advertisement Of Bajaj Life Insurance - V Jayanth Kumar, Joint Director (Life)

दयालु इरडा नें बजाज लाइफ की पेनल्टी माफ़ किया। 
But Life Insurance Companies Don't Forgive Customers Any Penalty......

The Corporate have legal process to approve any advertisement. In spite of legal clearance they issue such advertisement and misguide customers. Bajaj may have sold many policies by showing above advertisement, but IRDA forgive this lapse and does not imposed any penalty.Many IRDA employees have worked in private financial companies so they have sympathy with corporate in any violation.
पगार जनता से और वफादारी कम्पनिओं से !    

IRDAI-HYD/LIFE/2015-16/Letter/ADVT/33/236                                       December 07, 2015

Mr.Anuj Agarwal, MD & CEO,
Bajaj Allianz Life Insurance Company Limited, GE Plaza, Airport Road,
Yerawada, Pune - 411 006

Re: Advertisement filed with lRDAl in BAP Portal with UIN 0116AD201516340ENG        Baiai Allianz ISecure term Plan - Date of filing 29.09.2015

This has reference to the captioned Advertisement released by your company stating “Bajaj Allianz isecure term  plan  Rs.25  per  day  '”without  providing  any disclaimers.

On reviewing the same, it is noticed that the said advertisement is in violation of  clause 2 d (iii) of IRDA (Insurance Advertisements and Disclosure) Regulations, 2000 and falls under “unfair or misleading advertisement" category.

The authority vide letter IRDAI-HYD/LIFE/2015-16/Letter/ADVT/25/236,  dated November 12, 2015 called for your observations. In response, your company vide letter dated 30 November, 2015 stated that the disclaimers were inadvertently missed out and due diligence will be exercised in future while approving/issuing such advertisements.

After examining your submission, it is to state that issuing any advertisement in violation of regulatory stipulations will mislead the prospects and your submissions that the disclaimer has been omitted inadvertently cannot be accepted. In light of the  above, your company is hereby warned for the above violations.

You are also directed to adhere to the best practices and comply with the provisions of Advertisement Regulations, Guidelines and Circulars issued by the Authority from time to time while releasing insurance advertisements.

                     Yours faithfully,

                      V Jayanth Kumar, Joint Director (Life)

.          ‹1st.              .             -500 004
W : 91-040-2338 1100,         : 91-040-6682 3334
{-      : irda‹8'            :

Parisharam Bhavan, 3rd Floor, Basheer Bagh, Hyderabad-500 004. India Ph.: 91-040-2338 1100, Fax: 91-040-6682 3334
E-mail : irda Web.:

Popular posts from this blog

FDA Maharashtra Directory Contact Moblie Number

Food and Drug Administration Directory  DOWNLOAD JUNE 2021 CONTACT LIST PLZ CLICK ADVERTISEMENT TO SUPPORT THIS WEBSITE FOR REVENUE FROM ADVERTISEMENT Field Office Circle Head (Assit Commissioner Address of Field Office Inspector AHMEDNAGAR A.T. RATHOD (7045757882) 19C, Siddhivinayak Colony,,Near Auxillium School, Savedi,,Ahmednagar - 414003 J.H.SHAIKH (9158424524) AKOLA H. Y. METKAR (9730155370) Civil Line, Akashwani Road, ,Akola ,AKOLA H. Y. METKAR (9730155370) AMARAVATI U.B.GHAROTE (9595829895) Office of the Joint Commissioner,Jawade Compound, Near Bus Stand,Amrawati-444 601 C. K. DANGE (9422844477) AURANGABAD S. S. KALE (9987236658) Office of the Joint Commissioner,,2nd floor, Nath Super Market, Aurangpura,Aurangabad R. M. BAJAJ (9422496941) AURANGABAD Zone 2

हिन्दू शब्द वेदों से लिया गया है ना की फ़ारसी से

  HINDU WORD ORIGIN PLZ CLICK ADVERTISEMENT TO SUPPORT THIS WEBSITE FOR REVENUE FROM ADVERTISEMENT हिन्दू शब्द सिंधु से बना है  औऱ यह फारसी शब्द है। परंतु ऐसा कुछ नहीं है! ये केवल झुठ फ़ैलाया जाता है।ये नितांत असत्य है  ........ "हिन्दू"* शब्द की खोज - *"हीनं दुष्यति इति हिन्दूः से हुई है।”* *अर्थात* जो अज्ञानता और हीनता का त्याग करे उसे हिन्दू कहते हैं। 'हिन्दू' शब्द, करोड़ों वर्ष प्राचीन, संस्कृत शब्द से है! यदि संस्कृत के इस शब्द का सन्धि विछेदन करें तो पायेंगे .... *हीन+दू* = हीन भावना + से दूर *अर्थात* जो हीन भावना या दुर्भावना से दूर रहे, मुक्त रहे, वो हिन्दू है ! हमें बार-बार, सदा झूठ ही बतलाया जाता है कि हिन्दू शब्द मुगलों ने हमें दिया, जो *"सिंधु" से "हिन्दू"* हुआ l *हिन्दू शब्द की वेद से ही उत्पत्ति है !* जानिए, कहाँ से आया हिन्दू शब्द, और कैसे हुई इसकी उत्पत्ति ? हमारे "वेदों" और "पुराणों" में *हिन्दू शब्द का उल्लेख* मिलता है। आज हम आपको बता रहे हैं कि हमें हिन्दू शब्द कहाँ से मिला है! "ऋग्वेद" के *"

RTE & School Quota Of Kalyan Dombivli KDMC Region Thane

 Kalyan Dombivali Municipal Region School Quota and RTE 25% quota details received from RTI reply from KDMC Education department. Almost in all the schools free education seats for income below Rs1lac is vacant .The vacant seats are illegally filled by private school in open category by private schools by taking donations. KDMC education didnot taken any action. Total approved strength of class is 4 times of RTE quota. If RTE 25% quota is 25 then approved students limit is 100 students. Means 75 students from general and 25 from RTE 25% quota. In all the schools students are more than from approved strength and RTE 25% seats are vacant. It means RTE seats are filled by general students. As per RTE Act 2009 poor quota seats ie RTE25% cannot be filled by general quota in any condition and at any class. Helpline 9702859636  RTE Admission