What is the prime purpose of insurance regulation?
1
To ensure that, Rural Areas and Weaker Sections of Population gets the Adequate Insurance-Coverage.
2
To ensure that, Insurance Companies generate the Sufficient Profits, so that, they can Survive in the Long Term.
3
To ensure that, Insurance-Cover is extended to All the Citizens of India.
4
To Protect the Policyholders' Interests.
5
To Protect the Interest of Insurer.