Insurance News and Information

Ravi Thakkar v/s  Cholamandalam M S General Ins. Co. Ltd The complainant had purchased a second hand car and the ownership of the vehicle was transferred in his name in…

Introduction Arbitration clauses in insurance policies are provisions that specify the method and forum for resolving disputes between the insurer and the insured. These clauses aim to provide a private,…

Mr. Subhash, the complainant has stated that his motorcycle was stolen on 03.11.2015 and though he had submitted all the required documents to the insurer, his claim was repudiated by…

Mr. Umesh Guglani, the complainant has stated in his complaint that his car was stolen on 24.12.2016. He had submitted all the required documents to the insurer but his claim…

Mr. Hitesh K. Khusalani  v/s  Iffco Tokio General Ins. Co. Ltd. Claim for theft of two wheeler vehicle was rejected on the ground that the intimation of the theft was…

1. Reference is drawn to Guidelines on standard individual health insurance product circular Ref No: IRDAI/HLT/REG/CIR/172/07/2020 dated 07.07.2020 specifying norms on minimum and maximum sum insured limits. 2. In order…

1. Reference is drawn to the provisions of Regulation 27 (Settlement/Rejection of claim by insurer), Regulation 30 (Administration of Health Policies) and Regulation 33 (Engagement of Services of TPAs by…

1. Reference is invited to the short term Covid specific health insurance policies permitted to be offered by all Insurers. 2. In partial modification of Clause 5 of Guidelines on…

In a notable judgment, the Supreme Court has recently held that a breath analyzer test or blood test as contemplated under the Motor Vehicles Act is not necessary for an…

1. Preliminary These guidelines are issued in furtherance to the Circular vide Ref: IRDA/SUR/GDL/MISC/288/12/2020 dated 01/12/2020 on Guidelines for Practical Training for Surveyors and Loss Assessors for obtaining fresh /…