Health insurance policies play a pivotal role in safeguarding individuals and families against the financial burden of medical expenses. With the rising costs of healthcare services, having adequate health insurance…
India recently announced an ambitious plan called the National Health Protection Scheme (NHPS) to provide government-sponsored insurance to roughly 500 million people or nearly 40% of India’s population. Since the…
The Securities Appellate Tribunal (SAT) has asked the Insurance Regulatory and Development Authority of India (IRDAI) to pass a fresh order in a case involving alleged financial irregularities in awarding…
Expenses of General Insurers The gross commission expenses of public insurers, private general insurers, standalone health insurers and specialized insurers stood at Rs. 3625 crore, Rs. 2306 crore, Rs. 664…
All sizes of business are at risk of cyber-threats and data breaches. The repercussions of a cyber-attack can include litigation, damage to reputation and in some cases replacement of IT…
In the world of insurance, ensuring timely and hassle-free claim settlements is paramount to providing peace of mind to policyholders. Whether it's a motor accident, property damage, health emergency, or…
This is a package policy specially designed for small shopkeepers. It is a single policy combining the various insurance requirements of shopkeepers. Highlights This is a package policy specially designed…
LIC's Jeevan Pragati Plan is a non-linked, with - profits plan which offers a combination of protection and savings. This plan provides for automatic increase in risk cover after every…
Mr T S Vijayan, Chairman, IRDAI (retired recently) mentioned in the recently held 4th South Asian Regulators meet that India, Pakistan and Bangladesh together account for 23% of the world…
With increasing interactions with third parties, greater complexities around data privacy controls, technological advancements and increasing use of life insurance products as a lever for money laundering, the propensity for…