Irda — Noc and issuance of licence for general insurance
Pune, Maharashtra, India
My wife was having a composite licence for Kotak life Insurance and Cholamandalam . But then we decided to have renewal of licence for only Non life
insurance ie cholamandalam . So my wife gave a letter to kotak life insurance to issue NOC for renewal of licence for General Insurance only . Kotak told us that it will be done by IRDA on their site . From the date of 04th May 2011 nothing has happenned . She cant place business with Cholamandalam . Why has IRDA complicated the proicedures ? Why should we be the victims ?
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