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LIC Direct sales is illegal & IRDAI have No Guidelines For Directs sales- RTI

IRDAI HAS NO DIRECT MARKETING GUIDELINES BUT LIC & OTHERS SELLING POLICIES.
ONLINE POLICY SALES ARE ALSO ILLEGAL AS IRDAI HAS NO SUCH RULES TO SELL POLICY VIA WEBSITE WITHOUT AGENT

Final Status of   LICOI/R/2016/80610


Applicant NameSapan Shrivastava
Date of receipt18/11/2016
Request Filed WithLIC Central Office: Mumbai
Text of ApplicationInformation required about Direct sales/ Marketing procedure adopted by Life Insurance companies.
RTI Question
1. Guidelines to sell policies by Direct sales.
2. Number and Amount of Polices sold by different life insurance companies by Direct Sales 2011-2016 (year Wise)
Request document (if any)
StatusREQUEST DISPOSED OF as on 03/12/2016
Date of Action03/12/2016
RemarksReply :- Please refer the attachment.
Reply Document

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