Month: April 2024

More than half of total complaints against private life insurers are related to Unfair Business Practices (UFBP), according to the Insurance Regulatory and Development Authority of India (IRDAI). Out of…

The road transport ministry has suggested a framework of online reporting of accidents by drivers soon after the incident to avoid applicability of "hit-and-run" provisions of the BharatiyaNyaySanhita (BNS) and…

In recent times, AYUSH treatments have garnered increased popularity and have become an established branch of medicine. Considering the growing demand for AYUSH treatments, there is a need to consider…

Reference is invited to IRDAI Circular no: IRDAI/HLT/CIR/MISC/58/02/2023 dated 27th February, 2023 on the captioned subject. In order to provide the health insurance policyholders with an equal choice of choosing…

In exercise of the powers conferred by Sub-section (2) and (4) of the Section 101A of the Insurance Act, 1938, the Authority, after consultation with the Advisory Committee, constituted under…

A patient is entitled to get reimbursement of durable equipment used for medical treatment after getting discharged from the hospital. Vijay Joshi had filed a complaint against the National Insurance…

In one of the highest payouts awarded recently, a Motor Accident Claims Tribunal ordered a car owner and driver, and insurance company to pay Rs 2.45 crore with interest to…

IRDAI offlate has been taking number of steps to increase the penetration in the insurance sector in india to achieve its goal of insurance for all by 2047.  These reforms…

The Indian healthcare landscape is undergoing a rapid transformation. Rising chronic diseases, an aging population, and advancements in medical technology are presenting both challenges and opportunities for the health insurance…

ACKO General Insurance has introduced an Extended Battery Warranty plan tailored specifically for removable batteries for Electric Vehicles (EVs). As per ACKO's EV report, 49% of EV owners believe battery…