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May 11th, 2016, 10:30 AM
Super Moderator
Join Date: Mar 2012
Irda tlc

Can you tell me if TLC or Team Life Care Insurance is registered with IRDA or Insurance Regulatory and Development Authority as I want to sure about it before investing in it?

Any Insurance Company needs to register under IRDA or Insurance Regulatory and Development Authority to start the business, based on IRDA approval only one can start the insurance business. Both BajajAllianz and TLC Insurance India Pvt. Ltd are registered companies under IRDA

IRDA is an independent authority like RBI which is especially meant for Banking Sector. Similarly IRDA is meant for Insurance Sector by Government of India.

TLC or Team Life Care Insurance India Pvt. Ltd is a partner company of Bajaj Allianz. It is acting as a mediator between Bajaj Allianz and Agents of Bajaj Allianz.
TLC is number one Channel Partner of Bajaj Allianz. TLC provides services and sells insurance through its Coordinators.

ULIF Policies

The list of Life Insurance Product with Team Life Care are 5000, 10000, 125000, 25000 etc..

ULIF Policies

Referal Income

The Point Value (PV) is calculated based on the ULIP policy type. The following table explains about the pv earned for each policy type.

N.F.G. - > Family Gain Policy
N.U.G. -> Unit Gain Policy
T.H.C. -> Team Health Care Policy
RI- Refferal Income (First Premium)
MI-I -> Marshal Income (Second Premium)
MI-II-> Marshal Income (Third Premium)

Product Incentives
Take One Policy and refer two persons. The following are summary table which explains the ways one can earn income.

Last edited by Neelurk; June 13th, 2020 at 11:52 AM.
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