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What is imf in insurance?

Asked By: Naitee Rattan

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Human Resources Management Advisor Agile Financial Management Surat India

Insurance Marketing Firm (IMF) is the new distribution channel approved by IRDAI based on the recommendation of Govardhan Committee report submitted in 2007 to allow eligible Applicants to become Insurance Marketing Firm as per the prescribed Regulations and have multiple tie-ups with insurers. Insurance Marketing Firm (IMF) is a new distribution channel approved by IRDAI as per the Govardhan Committee's report submitted in 2007. Worth of the proposed IMF is not less than the limit prescribed by the IRDAI ( Registration of Insurance Marketing Firm) Regulations, 2015 and amendments thereof. Easy Life Initiative (IMF) Pvt. The IRDAI (Insurance Regulatory Authority of India) had last year launched a new and innovative distribution channel called the "IMF" or.


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