Life Insurance

life insurance Third Party Administrator TPA" mode a Third Party Administrator who, for the time being, is somersaulting by the Authority, and is engaged, for a fee or remuneration, by any(prenominal) visit called as may be specified in the placement with an insurance attach to, for the provision of health services; Conditions of and cognitive process for Licensing of TPA 1) Only a ships company with a dish out 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 curb on bu siness in India as a TPA in the health services, and on being licensed by the Authority, the company shall not engage itself in any other business. 3. The minimum paid up superior of the company shall be in equity shares amounting to Rs. 1 crore(Rupees One crore only); 4. At no mountain pass of time of its functioning the TPA shall have a working neat of less than Rs. 1 crore; 5. At least one of the directors of the TPA shall b...If you need to get a full essay, order it on our website: OrderCustomPaper.com

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