Life Insurance

life insurance thirdly troupe Administrator TPA" federal agency a Third Party Administrator who, for the time being, is bunk by the Authority, and is engaged, for a wages or remuneration, by any(prenominal) title called as may be specified in the pledge with an insurance attach to, for the planning of health services; Conditions of and cognitive process for Licensing of TPA 1) Only a bon ton with a handle majuscule and registered under the Companies Act, 1956 loafer function as a TPA.

(2) The main(prenominal) or primary end of the company shall be to proceed on business 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 token(prenominal) paid up winner of the company shall be in equity shares amounting to Rs. 1 crore(Rupees superstar crore only); 4. At no issue of time of its functioning the TPA shall arouse a working working capital of less than Rs. 1 crore; 5. At least one of the directors of the TPA shall b...If you essential to get a in full essay, order it on our website: Ordercustompaper.com

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