IRDAI

Life insurers to mandatorily provide loan facility against policies: IRDAI

Issuing a master circular which consolidates all regulations with regards to life insurance policies, the Insurance Regulatory and Development Authority of India (IRDAI) also said the free look period, which provides time to review the policy terms and conditions, is 30 days as against 15 days earlier.

12 June 2024, 12:58 IST

Life insurers to mandatorily provide loan facility against policies: IRDAI

12 June 2024, 12:58 IST

General insurance companies can't reject claims for want of documents: Irdai

Irdai said the provision of easy-to-understand insurance products tailored to meet the individual needs of the customers, providing them with ample choices and enhancing their insurance experience has now been enabled.

11 June 2024, 16:12 IST

General insurance companies can't reject claims for want of documents: Irdai

11 June 2024, 16:12 IST

Hinduja Group firm IIHL gets IRDAI nod on Rs 9,650 crore RCAP acquisition

IIHL stands committed to working towards obtaining the same as soon as possible and aims to close this transaction by the NCLT's stipulated date of May 27, 2024.

11 May 2024, 15:52 IST

Hinduja Group firm IIHL gets IRDAI nod on Rs 9,650 crore RCAP acquisition

11 May 2024, 15:52 IST

Now, citizens above 65 can purchase health insurance. Check out new rules

This comes after Centre, in its manifesto, had said "everyone over the age of 70 years" would be brought under the government’s Ayushman Bharat health insurance scheme.

24 April 2024, 13:15 IST

Now, citizens above 65 can purchase health insurance. Check out new rules

24 April 2024, 13:15 IST

Insurance regulator IRDAI abolishes age restriction on health insurance product

This marks a significant departure from the conventional constraints that limited individuals in securing comprehensive coverage.

21 April 2024, 08:53 IST

Insurance regulator IRDAI abolishes age restriction on health insurance product

21 April 2024, 08:53 IST

IRDAI issues series of regulations, tweaks regulation on surrender charges

IRDAI (Insurance Products) Regulations, 2024 merge six regulations into a unified framework aimed at enabling insurers to swiftly respond to market demands, enhancing the ease of conducting business, and boosting insurance penetration.

26 March 2024, 11:49 IST

IRDAI issues series of regulations, tweaks regulation on surrender charges

26 March 2024, 11:49 IST

IRDAI proposes to set up online marketplace 'Bima Sugam'

A digital public infrastructure called 'Bima Sugam -- Insurance Electronic Marketplace' is proposed to be established to empower and protect the interest of policyholders, Insurance Regulatory and Development Authority of India (Irdai) said in a draft.

14 February 2024, 14:09 IST

IRDAI proposes to set up online marketplace 'Bima Sugam'

14 February 2024, 14:09 IST

IRDAI chief asks insurance players to underwrite disruptions to improve market penetration

IRDAI chief emphasised that the approach of 'one-size-fits-all' has become a thing of past due to the radical technology-driven changes taking place in the industry.

13 February 2024, 08:37 IST

IRDAI chief asks insurance players to underwrite disruptions to improve market penetration

13 February 2024, 08:37 IST

Life insurers paid Rs 42,322 crore to agents in 2022-23: IRDAI

In 2021-22, commission expenses by life insurance companies as 5.18 per cent of total premium.

27 December 2023, 21:34 IST

Life insurers paid Rs 42,322 crore to agents in 2022-23: IRDAI

27 December 2023, 21:34 IST

Insurance has to be more about coverage per person than number of plans sold, says PolicyBazaar CEO Sarbvir Singh

DH INTERVIEW

03 December 2023, 23:05 IST

Insurance has to be more about coverage per person than number of plans sold, says PolicyBazaar CEO Sarbvir Singh

03 December 2023, 23:05 IST