IRDA slaps Rs 20 lakh fine on Apollo Munich Health Insurance

Last Updated: Monday, March 23, 2015, 20:37

Insurance regulator IRDA has slapped a fine of Rs 20 lakh on Apollo Munich Health Insurance Company, mostly for selling its policies through the website of makemytrip.Com, which is not authorised to sell insurance.

Apollo Munich ties up with Canara Bk for sale of its policies

Last Updated: Monday, October 7, 2013, 19:24

Under the arrangement, the bank will act as a corporate agent for selling the company's products, Apollo Munich Health Insurance Chairman Prathap C Reddy said.