In order to expedite the product clearance process, IRDAI has standardized technical notes for filing health and motor insurance policies so that insurers can provide all necessary details in a…
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated all general and health insurers in the country to offer standard personal accident insurance ‘Saral Suraksha Bima’ from…
IRDAI has directed the insurance companies to complete the template registrations of messages with their respective telecom service providers as per the framework implemented by TRAI. In a circular to…
IRDAI has recntly come out with a standard personal accident cover which will allow all the general and health insurers to offer covers up to a sum assured of Rs.…
With rising rapidly cases of COVID-19 in India, IRDAI has recently allowed the insurers to continue to offer as well as renew standard Corona policies. In June 2020, IRDAI had…
IRDAI has recently asked the insurance companies to state proper reasons for denial in case of rejection of health insurance claims made by policyholders. It also asked the insurers to…
IRDAI has recently said that the life insurance companies can issue electronic policies for six more months till 30 September, 2021, in the wake of COVID-19 pandemic. IRDAI in August…
IRDAI has recently issued a circular saying, "Life Insurers are allowed to obtain the customer’s consent through electronic means, i.e., without requiring wet signature on the proposal form, for the…
With an objective to bring more people under the ambit of health insurance IRDAI has recently hiked the maximum cover under the standard health insurance plan - Arogya Sanjeevani Policy…
IRDAI wants to move to a 'use and file' system where insurers can market products without first obtaining an approval from the regulator, stated IRDAI Chairman Subhash C. Khuntia. This…