Insurance

Key highlights of IRDAI’s proposed regulations for insurance products

Stakeholders can submit their comments on the draft rules by April 26

by Bhakti Makwana Apr 14, 2021

NPS gets a bit expensive from April 1

PFRDA allows pension fund managers to hike fund management fees to up to 0.09%.

by Bhakti Makwana Apr 9, 2021

With 13% stake, Axis Bank is now a co-promoter of Max Life

Max Life will now have to recast its board with three nominees from Axis entities

by Abhishek Kumar Apr 8, 2021

Insurers must register their message templates with telecom service providers by 5 Apr 2021

Non-compliance with the directives will disrupt the delivery of messages to the policyholders

by Team Cafemutual Mar 30, 2021

Insurers can now offer Arogya Sanjeevani coverage up to Rs. 10 lakh

IRDAI revises the sum insured bracket of Arogya Sanjeevani to Rs. 50,000 to Rs. 10 lakh

by Karishma Gagwani Mar 27, 2021

Your clients can renew/buy covid related policies for another 6 months

IRDAI has extended the validity of short term covid related specific health policies till September 30.

by Bhakti Makwana Mar 26, 2021

Life insurers can provide electronic policies for another 6 months

Earlier, the regulator had allowed insurers to send electronic policies till the end of financial year - March 31, 2021.

by Bhakti Makwana Mar 24, 2021

Insurers to help get more people vaccinated

IRDAI has asked insurance companies to make arrangements for vaccination of their policyholders, employees and agents.

by Bhakti Makwana Mar 23, 2021

Insurers to be more transparent in claim process

Insurance companies should ensure that policyholders are provided with every detail of claim settlement, said IRDAI.

by Bhakti Makwana Mar 23, 2021

Any adverse reaction from vaccine to be covered under health insurance

After fear of adverse reaction from covid-19 vaccine, IRDAI clarifies that after effects from the vaccine will be covered under health insurance.

by Bhakti Makwana Mar 22, 2021

Foreign ownership in insurance companies can now be 74%

Insurance industry expected to see fresh inflows of foreign capital.

by Team Cafemutual Mar 20, 2021

Over 6 lakh life insurance agents are women: IRDAI

Women account for 27% of the total life insurance agency force.

by Bhakti Makwana Mar 20, 2021

Agents drive health insurance business

Individual agents hold a lion’s share of 75% in individual health policies.

by Bhakti Makwana Mar 20, 2021

Health insurers cannot modify existing policies to hike premium

IRDAI said that general and health insurance companies are not allowed to alter or add new benefits to existing policies that would lead to hike in premium.

by Bhakti Makwana Mar 19, 2021

‘Insurers cannot deny health policies to covid survivors’

This has come after a few companies have reportedly denied issuance of fresh policies to covid survivors.

by Bhakti Makwana Mar 13, 2021

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS