Insurance Articles

In the last one and a half decade Indian insurance industry has witnessed a substantial change with  the establishment of Insurance regulatory and development authority (IRDA) in 1999 and subsequent liberalisation of…

Abstract Life Insurance Corporation of India introduced various kinds products name as term insurance plan, money back plan, child plan, unit linked plan and micro insurance plan. These schemes are…

For outsourcing of insurance activities, the IRDAI has issued the Regulations called IRDAI (Outsourcing of Activities by Indian Insurers) Regulations, 2017. The regulations dated April 20, but put on the…

Insuring body parts has a surprisingly exotic connotation, despite the morbid subject matter. There are various insurance schemes covering property, life, health and automobiles, but until recently, nobody would have…

Imagine you’ve come home after a dog day afternoon and are keen to refuel your energies with a well-deserved triple-scoop ice cream. When you open the freezer, you realize that…

This has reference to the Authority’s letter ref No IRDAI/NL/Anl/Crop Ins./2/2016-17 dt 09.02.2017. Keeping in view the importance of Crop Insurance and related Schemes introduced by the Government, the existing…

A healthy and developing insurance sector is of vital importance to every modern economy. The growing size of the sector, the high level of sophistication in marketing and selling practices…

Public Private Partnership solutions can substantially ease the financial burden natural disasters put on government budgets. The economic costs of natural catastrophes have risen from an average USD 25 billion…

It was a time some 50 years ago, the human population was less, even then it was stated that India is thickly populated. Now also our population has considerably increased…

Managing grievances or complaints is one of the top priorities among all private and public sector companies these days; in fact it is the ‘key’ to the growth of any…