Question

Before which date are insurers encouraged to involve Bima Vahaks in every Gram Panchayat in India, according to the guidelines?

A December 25, 2023 Correct Answer Incorrect Answer
B December 31, 2023 Correct Answer Incorrect Answer
C January 1, 2024 Correct Answer Incorrect Answer
D January 15, 2024 Correct Answer Incorrect Answer
E January 31, 2024 Correct Answer Incorrect Answer

Solution

The Guidelines nudge insurers to progressively engage Bima Vahaks in every Gram Panchayat in India before 31st December, 2024. The Guidelines will come into effect as and when IRDAI launches Bima Vistaar. The contours of the Bima Vahak distribution channel run parallel to those of the agent distribution channel.

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