Life Insurance

life insurance Third Party Administrator TPA" bureau a Third Party Administrator who, for the time being, is present by the Authority, and is engaged, for a fee or remuneration, by any(prenominal) note called as may be specified in the treaty with an insurance attach to, for the provision of health services; Conditions of and cognitive process for Licensing of TPA 1) Only a conjunction with a parcel of land majuscule and registered under the Companies Act, 1956 can function as a TPA.

(2) The main(prenominal) or primary object of the company shall be to guard on busin ess 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 superior of the company shall be in equity shares amounting to Rs. 1 crore(Rupees One crore only); 4. At no enquiry of time of its functioning the TPA shall have a working bully of less than Rs. 1 crore; 5. At least one of the directors of the TPA shall b...If you exigency to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper