IRDA does not Sell Insurance Policies or Give Bonuses on them
Tuesday, February 28, 2017, 4:22 PM
IRDA is an insurance regulator and regulates the insurance sector in India. It protects your interests (policyholders) and looks into issues regarding settlement of your claim as well as surrender value of your policy. If you are subject to mis-selling by insurance agents or the Insurance Companies do not listen to your grievances then IRDA comes into play.