Insurance News and Information

1. Digilocker is an initiative under the Digital India program by the Government of India where citizens can get authentic documents/ certificate in digital format from original issuers of these…

The Bombay High Court has recently refused relief to the widow of a private doctor, who died of the CoronaVirus, citing that the Rs. 50 lakh insurance cover under a…

Telangana State Consumer Disputes Redressal Commission held that a minor lapse on the driver's part is not liable for a claim to be dismissed, and directed an insurance company to…

The Finance Ministry has recently declared that the government has amended insurance ombudsman rules and brought insurance brokers within their ambit, allowing policyholders to file online complaints. The amended rules…

1. Currently, only a few general insurers in the Indian Market are offering insurance cover for RPAS/Drones through existing products under Aviation Insurance. Considering the unique characteristics of Drones that…

In exercise of the powers conferred under Sec. 34 (1) of the Insurance Act, 1938 read with Reg. 4 (3) of the IRDAI (Re-insurance) Regulations, 2018, the Authority hereby makes…

1.Digilocker is an initiative under the Digital India program by the Government of India where citizens can get authentic documents/ certificate in digital format from original issuers of these certificates.…

Reference is invited to the provisions of Chapter III of Consolidated Guidelines on Product filing in Health Insurance Business (Ref No: IRDAI/HLT/REG/CIR/194/07/2020 dated 22nd July, 2020 (the guidelines) specifying the…

Mega claims following movie production cancellations and delay in releases last year have burnt insurance companies. But a renewed demand for film insurance could see the industry's annual premiums grow…

1. Attention is drawn to the provisions of Regulation 12 of IRDAI (Protection of Policyholders’ interests) Regulations, 2017 specifying therein minimum information to be provided as part of health insurance…