Move Aims to Prevent Mis-Selling of Insurance Policies The Indian government has urged private insurance companies to extend the free-look period for policyholders from one month to one year, according…
Former SBI Chairman Dinesh Khara to Lead Review Panel New Delhi: The Insurance Regulatory and Development Authority of India (IRDAI) has established a high-level committee to review key provisions of…
Current Rs 5 Lakh Limit Seen as Inadequate New Delhi: India's deposit insurance framework requires urgent revision, as the current coverage limit of Rs 5 lakh is considered insufficient in…
Insurers Consider Air Pollution Impact on Pricing New Delhi: Health insurance premiums in India's capital could see a 10-15% increase, as insurers assess the impact of air pollution on health-related…
The SC reaffirmed its 1995 ruling that medical practitioners can be held accountable for service deficiencies under the Consumer Protection Act. Supreme Court Rejects Review Plea on Doctors’ Liability The…
Major amendments to the Public Liability Insurance Act (PLIA) increase insurance limits, introduce stricter compliance measures, and enhance compensation payouts. Sweeping Changes in Public Liability Insurance The Indian government has…
The MarTech platform marks LIC’s first milestone under Project DIVE, positioning it as a global digital leader in insurance innovation. LIC Takes a Bold Step Toward Digital Transformation Life Insurance…
The collaboration aims to enhance financial awareness, risk management, and strategic financial planning for India's MSME sector. A Strategic Partnership for MSME Growth Ageas Federal Life Insurance (AFLIC) has entered…
The insurance regulator steps in to protect senior citizens from excessive premium increases, ensuring affordability and accessibility of health coverage. IRDAI Introduces Pricing Cap on Senior Citizen Health Insurance The…
IRDAI’s Bima Trinity—Bima Vistaar, Bima Vahak, and Bima Sugam—set to transform India’s insurance landscape with a comprehensive and customer-friendly approach. Bima Vistaar Gains Momentum with Industry Consensus India’s insurance sector…