Amendment to IRDAI e-Insurance Policies Regulations Introduces OTP Validation
In exercise of the powers conferred by section 14(2) read with clause (gb) of sub-section 2 of section 114A of the Insurance Act, 1938, and sub-section (1) of section 26…
Filing of Health Insurance Advertisements by Life Insurers
At present, the life insurers are filing advertisements of both Life and Health related products with the Life Department of the Authority on the BAP portal. In order to facilitate…
Clarification to Guidelines on Standardization in Health Insurance
Reference is invited to Clause (a) of Chapter IV (Standards and benchmarks for hospitals in the provider network) of circular no. IRDA/HLT/REG/CIR/146/07/2016 dated 29.07.2016 specifying norms for registration of Network…
Report of the Implementation Group of Ind AS in Insurance Sector
As per the roadmap laid down by the Ministry of Corporate Affairs for the insurance sector for implementation of Ind AS, in their press release dated 18th January 2016, insurers/insurance…
Online System for Obtaining Prior Approval and Intimation Regarding Governance Issues of Broking Companies
As part of automation of various activities of IRDAI, a web based system is now available for obtaining prior approval and intimation regarding governance issues of Insurance Broking Companies at…
List of Reinsurance Branches
The Authority has granted certificates of registration to the following Foreign Reinsurers for opening their Branches in India. The details are as below: S. No Name of the Foreign Reinsurer's…
IRDAI Amends Regulations on Branch Offices of Foreign Reinsurers Excluding Lloyd’s
In exercise of the powers conferred by section 3 read with 114A of the Insurance Act, 1938, and section 14 read with 26 of the Insurance Regulatory and Development Authority…
IRDAI Issues Regulations on Payment of Commission, Remuneration, and Rewards to Insurance Agents and Intermediaries
These regulations shall include payment of commission or remuneration or reward, to insurance agents and insurance intermediaries as defined in the Insurance Act, 1938, IRDA Act, 1999 and Regulations issued…
Smart Future Plan from Canara HSBC Oriental Bank of Commerce Life Insurance
Product Summary Feature Details Policy Term 10/15/20/25 years Premium Payment Term 10 to 20 years (in complete years only). Premium payment term should always be lower than or equal to…
Non-Life Insurance Plan
Features Direct claim settlement: Settle claims directly with the team, without involving any third parties. 2 or 3 Year Policy Tenure Options: Opt for a 2 or 3 year tenure…