In the absence of a comprehensive law, here’s how employee whistleblowers fare
Abhishek Mishra was driving from Udaipur to Gurgaon along with his parents in his father's new Maruti Ciaz, a car the senior Mishra had bought a month ago with his…
International insurance companies reduce premiums if you are a non-smoker or have quit smoking
Health insurance holders are likely to get more wellness and preventive features, including Outpatient Department (OPD) consultations or treatments, pharmaceuticals, health check-ups and diagnostics, and discount vouchers in gyms and…
Extension of time/withdrawal of existing products
We refer to clause 2.4 of IRDAI/ACT/CIR/MISC/125/07/2019 Dt 26/7/2019 and clause 1 of IRDAI/LIFE/CIR/MISC/173/09/2019 Dt 26/09/2019 on the implementation of IRDAI (Non-Linked Insurance Products) Regulations, 2019 and IRDAI (Unit Linked…
Suggestions for a name to the “Standard Individual Health Product”
The Indian health insurance market has a number of individual health insurance products. Each product has its own benefit feature and corresponding terms and conditions. With the objective to facilitate…
Exemption of classes of claims under sub-section (10) of Section 64UM of the Insurance Act, 1938
Whereas, in relation to the classes of claims mentioned in the Schedule hereto annexed, the Authority is satisfied that it is customary to entrust the work of survey or loss…
Interview with Mr G Srinivasan Director, National Insurance Academy
After having served as one of the most successful chairman of Leading PSU, how do you plan to expand the activities of National Insurance Academy, one of the premier learning…
Editorial IT August 2019
In the Budget for F.Y. 2019-20 there was no increase in exemption for life insurance premium under section 80C. The current maximum exemption is 1.5 Lac which includes exemptions from…
Will ‘Sabse Pehle Life Insurance’ make a mark?
In March 2017, the Association of Mutual Funds of India (Amfi) launched a campaign with the tagline Mutual Funds Sahi Hai, which is seen as hugely successful, with more and…
Guidelines on Insurance Claims of victims of recent floods (August 2019) in parts of Kerala
1. As you are aware, the recent floods have caused immense loss to property in the state of Kerala. There is an urgent need for the insurance industry to take…
Interview with Vijay Kumar Principal Officer Go-Digit General Insurance
There is a general economic slowdown in the Indian Economy with falling GDP numbers. What impact do you visualize in the Insurance industry? There has been a visible impact, especially…