IRDAI has allowed renewal, migration and portability of Covid-specific standard health products - Corona Rakshak, Corona Kavach and Group Corona Kavach policies. IRDAI said Corona Kavach and Corona Rakshak policies…
IRDAI Chairman Subhash Chandra Khuntia has urged the insurers to expand the ambit of health insurance to include outpatient care as part of the health insurance system to push millennial…
IRDAI is going to introduce colour codes for all individual health products that will enable the customers to understand the complexity of plans. According to an exposure draft released by…
The Committee on Standalone Micro-insurance Company set up by IRDAI has recommended that entry-level capital requirement for standalone Micro-insurance companies (SAMIs) should be reduced to Rs 20 crore from the…
The Insurance Regulatory and Development Authority of India (Irdai) may soon allow insurers to leverage various electronic platforms to ensure ease of doing business. In a circular sent to all…
Insurance Regulatory and Development Authority of India (IRDAI) has allowed insurance companies to issue electronic health insurance policies. "Insurers should send the policy document and a copy of the proposal…
The Insurance Regulatory and Development Authority of India (Irdai) has unveiled the final guidelines on allowing wellness and preventive features under a health insurance policy as optional or add-on cover.…
A Working Committee of the Insurance Regulatory and Development Authority of India (Irdai) has recommended a comprehensive insurance cover for drones with a third-party liability which should be in line…
The committee formed by the Insurance Regulatory and Development Authority of India (Irdai) to examine the requirement and rationale for setting up a pandemic pool has recommended the formation of…
The insurance regulator will come out with a series of standardised products to improve coverage in the under-insured segments and increase the adoption of insurance products. It is developing a…