IRDA to bring Common Service Centres to sell policies

India Infoline News Service | Mumbai |

In six months time, CSCs may come in full-fledged manner, Vijayan said

The Insurance Regulatory and Development Authority (IRDA) Chairman TS Vijayan said that the regulator is bringing in Common Service Centres (CSCs) as insurance brokers to sell policies in rural areas.

CSCs offers web-enabled e-governance services in rural areas. In six months time, CSCs may come in full-fledged manner, Vijayan said.

Mr Vijayan was speaking at an interactive session organised by the Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) on Friday.

Vijayan said the aim of the project is to ensure that insurance penetration goes up in rural areas.

CSCs will be selling simple insurance products such as tractor insurance, vehicle insurance, he said.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.