Surveyors Of J&K On Strike Today Against New Regulations By IRDA

JAMMU, Apr 24: JK Surveyors Welfare Association has given a call for complete strike on April 25 in protest against the new Gazette notifications, issued by the Insurance Regulatory and Development Authority (IRDA).

As per new rules, IRDA has barred use of an Independent Surveyor for inspection of any loss, below Rs  50000/-. Loss upto that amount will be inspected by an Insurance Company’s In-house surveyor.

“The new policy has been enacted without consulting Surveyors fraternity while  IRDA has implemented qualification criterion now, according to which only an Automobile Engineer can inspect Motor vehicle claims and an Electrical Engineer can inspect claims of only Electrical gadgets, which was not the case, previously,” said the Association leaders, while addressing a press conference, here today.(Agencies)



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